Ola gears up to take on M&M and Tata Motors with electric CV plan

Likely to launch three-& four-wheeler commercial vehicles next year

Ola Electric is set to enter the commercial vehicle space with the launch of electric small commercial vehicles (eSCVs) with three and four wheels. In doing so, it will be taking on the two top commercial vehicle giants, Tata Motors and Mahindra & Mahindra. In May, the Tatas announced the launch of the electric Ace EV, a four-wheel eSCV, and are expected to give deliveries shortly.

Mahindra & Mahindra is the dominant player in the three-wheel electric cargo market with its Treo Zor. A senior Ola executive confirmed the development and said the company will come out with introductory products in