Ola Electric Scooters

A decade ago, Bhavish Aggarwal disrupted the ride-hailing business in our country with Ola and now he has set his sights on the Indian EV market. With Ola Electric, the company plans to bring about a colossal change in the Indian electric two-wheeler industry and it will be launching its first product - the Ola Electric Scooter.
Ola Electric has already invested Rs 2,400 crore in the gargantuan manufacturing plant dubbed 'FutureFactory' in Tamil Nadu. The Ola Electric plant is spread across 500 acres and once fully functional will have an annual capacity of 10 million units. Yes, that's almost half the current petrol-powered two-wheeler sales. Apart from a massive manufacturing plant, Ola Electric also has plans to set up a humongous charging infrastructure. The company has plans to set up over 1 lakh charging points in over 400 cities across India. All these charging stations will have fast chargers that can provide 75km of range in just 18mins.
As you can see, Ola is playing the volume game and this should help it in bringing the cost of its scooter down. It’s speculated that the Ola Electric scooter might be priced around Rs 1 lakh, but honestly we believe it will be even more competitive. The recent revision in Fame 2 policy and state government incentives will also help in bringing the on-road cost of the scooter further down. You can read more details about the Ola Electric Scooter here.