The ‘BET’ vs ‘OATS’ EV battle plays out on Twitter

New Delhi: The battle between legacy automakers and EV startups has just taken a new twist. Bajaj Auto NSE 0.18 % managing director Rajiv Bajaj, during the launch of the new Bajaj Pulsar, took a dig at EV startups and coined new terms such as ‘BET’ and ‘OATS’.

Talking about the future of electric vehicles, Bajaj said that he puts his trust in ‘BET’ (Bajaj, Enfield and TVS NSE 1.63 %).

He called the incumbents ‘champions’, because they have a proven track record.