Ola, the electric scooter company’s founder Bhavish Aggarwal and CEO, plans to bring a new electric sports car for Indian consumers.

“We are going to build the sportiest car ever built in India,” said Aggarwal on the microblogging platform Twitter on Saturday.

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Recently Aggarwal stepped back from daily operations to focus more on engineering functions, team building, and products, apart from focusing on long-term strategic projects.

• Signature Global Shares Soar 6% on Entering a Rs 1,283 Crore JV 
• Ashoka Buildcon Shares Slump 3% Despite Securing Rs 410 Crore Project 
• Zydus Lifesciences Gets USFDA Nod; Stock Trades Flat
• Religare Enterprises Shares Slumped 6% on Demerger Plan 
• Natco Pharma Gets CDSCO Nod; Shares Rally 12.5%

Many other projects are in planning, including research and development (R&D), building the Pune tech centre, and the Futurefoundry UK.

“Over the next two years, you will see many two-wheeler roll-outs. We are also building an (electric) car,” says Aggarwal, who gave a sneak preview of a red electric car during a customer event in Tamil Nadu.