New Delhi, July 3 -- Anand Shah, co-founder, Ola Electric and senior VP, Ola Cabs told Mint that the cab aggregator is devising new business models to make electric vehicles viable. One such model involves building a value chain wherein vehicle manufacturer builds and supplies an EV without the battery, which accounts for 40% of the total costs, and letting battery specialists handle the battery ecosystem including swap stations. Shah, who has previously worked with the BMW Group, said that the ride hailing company will need more capital to achieve its target of putting one million EVs on the roads by 2021. Excerpts:...