OLA Electric (Ola Electric Mobility Pvt. Ltd.) led by Bhavish Aggarwal (Co-founder and Group CEO) is foraying not only into the present 100 million-plus global two-wheeler market but also into India’s two-wheeler market which is expected to bypass the projected 26 million units mark by 2030.
“OLA” the name better known for its taxi service that is OLA Cabs.
Ola Electric Scooter is the step towards building a sustainable, electric mass mobility ecosystem.
Ola e-scooter is designed, engineered, and built in-house. The company is coming up with 500 acres of fully automated manufacturing facility in Tamil Nadu. For this OLA already signed an MOU with Government of Tamil Nadu.
As per the Bhavish Aggarwal, it will be an automotive technology company which will be an important step towards our Prime Minister’s vision of Aatmnirbhar Bharat.
Ola Electric is planning is not limited to just scooters. On the other hand, Ola Electric is planning to come up with Electric 3-wheeler (big market of PUV) and also Electric Cars.
The company already made its intentions very clear by acquiring Amsterdam (Netherland) based electric scooter OEM named Etergo BV (The Appscooter) back in May 2020.
Ola Electric Scooter Price is expected at ₹100000 (1370 USD) in India
Ola Electric Scooter Top Speed is expected at 100 Kms/hr and expected to achieve a typical Driving Range of 100 Kms for a Single Full Charge.
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Ola Electric Scooter will be out by 2021 year end and it could be a Game- Changer.
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OLA Electric factory is in the development stage. Probably its first scooter will be out by 2021 year end.