Ola to showcase concept electric vehicles, in talks with component vendors

The company, according to sources, could manufacture the electric vehicles on its own, or get into an arrangement where it has a complete control over the process of manufacturing the vehicle

BBhavish Aggarwal-led Ola is all set to go beyond being just a cab aggregator. The company will soon showcase its concept electric vehicles, including an electric three-wheeler and perhaps four-wheel drives as well, based on feedback from its multi-modal electric-vehicle project on the Ola platform in Nagpur.

 
The company has already started talks with a bevy of potential vendors who could supply the components, the most important of which is the lithium battery from across the world, to roll out a commercial model. The battery, according to experts, accounts for over 50 per cent of the vehicle cost.
 
According