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Price hikes in electric scooter models? 'Unlikely', says Ola Electric

The government has extended the earlier October 1 deadline for the implementation of new battery testing norms for electric vehicles (EVs)

Fundraise of $200 mn triples Ola Electric valuation to $3 billion
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'The inventory problem is for internal combustion engine vehicles and not for EVs. In EVs, no one keeps a large inventory of battery packs. Their cell performance deteriorates after 180 days'

Surajeet Das Gupta New Delhi
Ola Electric has ruled out any increase in the price of its electric scooter (e-scooter) models because of implementaion of the new more stiffer saftey norms for electric vehicles.  It called such a move ‘unlikely’.

The government has extended the earlier October 1 deadline for the implementation of new battery testing norms for electric vehicles (EVs).

OLA IS IN variance with some EV and lithium ion (Li-ion) battery makers who have said this could lead to an increase in costs by 10 per cent or more.  

Arun Kumar GR , chief financial officer, Ola said: “There will hardly be any

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First Published: Sep 29 2022 | 10:05 PM IST

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