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.

• The 5 index signals smart traders watch before placing a single order
• Kwality Pharma Hits 52-Week High After Record FY26 Revenue
• Jay Bharat Maruti Hits 20% Upper Circuit on 287% Profit Surge
• ZEEL Falls 6% After Q4 Swings to Net Loss on Ad Revenue Miss
• Overnight Stock Market Movements: Key Developments 

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.

• The 5 index signals smart traders watch before placing a single order
• Kwality Pharma Hits 52-Week High After Record FY26 Revenue
• Jay Bharat Maruti Hits 20% Upper Circuit on 287% Profit Surge
• ZEEL Falls 6% After Q4 Swings to Net Loss on Ad Revenue Miss
• Overnight Stock Market Movements: Key Developments 

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.