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Ola to Launch Electric Scooter Soon, to Spice up EV Market

By: APAC Media

by APAC Media
June 26, 2021
in News
Reading Time: 1 min read
Ola sc

Ola sc

Summarize with:

Ola Electric has already started deploying its ‘Hypercharger Network’ across the Indian cities and is planning to roll out the pricing in July. It may be noted that Ola founder Bhavish Agarwal hinted about the possibility of the scooter in December last year.

In his latest tweet he has asked for colour suggestions for the scooter. This announcement has made the industry to sit up and take notice. It is being seen as a major electric blitzkrieg that is going to disrupt the EV industry in India.

The company has also announced a ₹2,400 crore investment for its upcoming facility near Tamil Nadu. As per the company statement, the plant in the southern state would churn out 2 million units annually and will generate nearly 10,000 jobs.

It is said to be the world’s largest e-scooter manufacturing facility.”We will put out the factory by June, which will have the capacity to manufacture 2 million units and then we’ll ramp up – over the next 12 months – after the factory is set up…the sale will also start at the same time, so factory gets completed in June, sale starts in July,” Bhavish Aggarwal said.

Summarize with:
Tags: Bhavish AggarwalOlaOla Electric
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