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.

• Overnight Stock Market Movements: Key Developments 
• KPI Green Energy Shares Rally 5% on Bagging 120 MW Order 
• Surya Roshni Rises 2.7% on Demerger Reports, US Orders
• Benchmark Indices Fell 200 Points from day High
• Apollo Micro Systems Jumps 9% on Record FY26 Profit

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.