“In four wheeler, ADAS is already very common and level three autonomy is going to happen. Yes, level five will become very hard in India, but level three is easy, relatively. Those things are going to happen if you are an electric by default vehicle.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Arpit Agarwal
PredictionOpen · timeframe Nov 2026
Agarwal: Indian EV Startups Can Now Launch Under 18 Months on $1.5M
“I think in future, at least in two-wheeler market, you should be able to launch, when I say launch defined by generating hundred vehicles sales per month or more in less than 1.5 million dollars in less than 18 months.”
Arpit AgarwalNov 15, 2021▶ 37:15Blume Ventures, Director on Investing in future of Electric Vehicles ft. Arpit Agarwal
PredictionNot checkable as stated
Agarwal: EVs Will Decimate Dealership and OEM Profits by Eliminating Maintenance
“Now this is going to go away because the vehicle doesn't require any maintenance. It doesn't require any replacement of parts. So how do you make money? You can't engage with a dealer whose primary job was not to sell. You don't make much money in selling the …”
Arpit AgarwalNov 15, 2021▶ 44:10Blume Ventures, Director on Investing in future of Electric Vehicles ft. Arpit Agarwal
AssertionNot checkable as stated
Agarwal: India's Entire $240B Auto Industry Will Transition to Electric Vehicles
“Therefore, the entire eight percent that you mentioning Auto and auto company industry in India. Two 40 odd billion dollar opportunity can be entirely talked about in an electric manner.”
Arpit AgarwalNov 15, 2021▶ 5:53Blume Ventures, Director on Investing in future of Electric Vehicles ft. Arpit Agarwal
PredictionNot checkable as stated
Agarwal: Indian 2W and 3W EV battery market is at least 300M units
“Just in two-wheelers and three-wheelers, I would expect the market to be in the range of, Three hundred million batteries, if not more.”
Arpit AgarwalNov 15, 2021▶ 16:48Blume Ventures, Director on Investing in future of Electric Vehicles ft. Arpit Agarwal
AssertionSupported
Agarwal: Every Commercial Vehicle Segment in India is Already TCO Positive
“In commercial vehicles, whether you talk about four-wheeler or three-wheeler or buses or even the two-wheeler delivery guy, all of those segments are what is called as total cost of ownership, TCO positive.”
Arpit AgarwalNov 15, 2021▶ 6:41Blume Ventures, Director on Investing in future of Electric Vehicles ft. Arpit Agarwal
AssertionSupported
Agarwal: Electric two-wheelers like Ather and Ola are already TCO positive
“If you move this for an electric two-wheeler, for argument's sake, it is an Aether or Ola two-wheeler, you will notice that for personal use case, the TCO is already positive.”
Arpit AgarwalNov 15, 2021▶ 9:34Blume Ventures, Director on Investing in future of Electric Vehicles ft. Arpit Agarwal
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