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The time has come to determine whether the electric scooter maker and its management, led by Bhavish Aggarwal, are incompetent or operating under malice.

The time has come to determine whether the electric scooter maker and its management, led by Bhavish Aggarwal, are incompetent or operating under malice.

Outpaced by legacy giants and newer rivals, the Bengaluru-based EV maker is betting on a mass-market scooter to fix its demand problem. Will a new product succeed where its existing lineup hasn’t?
Despite reducing total losses, the electric scooter maker is losing double the money for every rupee it earns. Collapsing sales, shrinking market share and mounting cash pressure expose its vulnerabilities.
While its peers headed for the exit, the fund house doubled down on the falling stock. The contrarian call now looks expensive—and risky.
Outpaced by legacy giants and newer rivals, the Bengaluru-based EV maker is betting on a mass-market scooter to fix its demand problem. Will a new product succeed where its existing lineup hasn’t?
Despite reducing total losses, the electric scooter maker is losing double the money for every rupee it earns. Collapsing sales, shrinking market share and mounting cash pressure expose its vulnerabilities.
While its peers headed for the exit, the fund house doubled down on the falling stock. The contrarian call now looks expensive—and risky.