large scale image
LCP Image

Back to TSCFM News

Ola to launch e-scooter in July

April 23, 2021

Ola to launch e-scooter in July

Ola Electric said it will bring its electric scooter to the Indian market in July this year, and is chipping away at setting up a ‘Hypercharger Network’ to include one lakh charging points across 400 cities.

A year ago, Ola had declared a ₹2,400 crore venture for setting up its first electric scooter processing plant in Tamil Nadu. Upon finishing, the processing plant will make almost 10,000 jobs and will be the world’s biggest scooter manufacturing office that will at first have a yearly limit of 2 million units.

“We will put out the plant by June, which will have the ability to manufacture 2 million units and afterward we’ll increase throughout the following a year after the manufacturing plant is set up the deal will likewise begin simultaneously, so processing plant gets finished in June, deal begins in July,” Ola Chairman and Group CEO Bhavish Aggarwal said.

The launch of the electric scooter is in line with Ola’s worldwide vision of moving mobility into a more sustainable, accessible and connected future.

Important Links:

Recommended for you ...

Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services
Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services

February 12, 2024

Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices
Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices

February 12, 2024

Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices
Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices

February 12, 2024

Enquire Now
REQUEST A CALLBACK
Chat on WhatsApp