Ola Electric targeting $1.5 billion sales this year, pre-subsidy cut document shows

Indian e-scooter maker Ola Electric expects revenue to quadruple to $1.5 billion this financial year and then double that again in two years, according to a document containing corporate projections and people briefed on the matter.

The figures, however, pre-date surprise cuts by the federal government to e-scooter incentives in May.

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