Ola Electric CEO Bhavish Aggarwal on Tuesday stated the corporate plans to speed up its new bold tasks equivalent to electrical automotive, cell manufacturing and the gigafactory, in addition to deepening give attention to expertise and engineering. The firm is doubling down on constructing the long run within the nation, Aggarwal stated whereas refuting reviews that he’s stepping away from the corporate’s day-to-day administration with CFO Arun GR getting an expanded position.

“Reads like I’m retiring! Not true. Arun is a great leader & he’ll help me manage Ola’s ops. We will accelerate ambitious new projects like our car, cell, gigafactory etc. & deepen focus on tech & engineering,” Aggarwal stated in a tweet.

He additional stated: “More soon. Doubling down on building the future here in India, at Ola!” In a separate assertion, an organization spokesperson stated: “As Ola focusses on accelerating ambitious new projects like car and cell manufacturing, gigafactories and electrifying ride hailing business amongst others, the company is ensuring adequate focus on execution excellence and keeping entrepreneurial leadership high on the new businesses.”

Earlier, media reviews had acknowledged that Ola’s group CFO Arun GR can be given an expanded position to drive the day-to-day operations throughout the group.