Ola Electric on Saturday said it has received around 100,000 bookings for its upcoming scooter within the first 24 hours of initiating the process
The company has claimed this to be the largest long-term debt financing agreement for the Indian EV industry
Ather's aggression comes on the heels of Ola Electric's ambitious game of investing Rs 2,400 crore to build a plant to make 10 million two-wheelers a year by 2022.
'Took this beauty for a spin! Goes 0-60 faster than you can read this tweet! Ready or not, a revolution is coming!' wrote Bhavish Aggarwal on Twitter.
With one-fourth the range of gasoline powered vehicles on a full tank, EVs have seldom been the primary vehicles of choice and evoke, what is called, "range anxiety"
The SoftBank-backed firm has plans to expand EV across the UK and in cities around the world
Ola Electric is building up expectations with some high-profile moves
Industry executives say the second wave of Covid-19 pandemic may severely impact the business of mobility companies
Burgess has spent almost three decades designing vehicles for the majority of British premium automotive manufacturers
Ola Electric is looking at taking its electric scooter to international markets, including countries like France, Italy and Germany, this fiscal, a top company executive said
Ola Hypercharger Network will also be the densest network, spread over 400 cities with more than 100,000 charging points
With 35 years at Hyundai Motor and Kia, Yongsung brings global auto sales experience from North America, Europe, UK, Middle East, Africa, ASEAN and Asia Pacific
Known for its phones and emerging from nowhere in the segment, it might take on the scooter Goliaths
By setting up massive capacities in a limited market against entrenched competition, founder Bhavish Aggarwal has his work cut out proving the sceptics wrong
Ola will initially source the cells for the Li-ion battery used in its soon-to-be-launched e-scooters from South Korea
From Mutual funds becoming net sellers of Indian equities first time in 7 years to Ola Electric planning to set up Li-ion battery plant, here are the top headlines this morning
Ola Electric's scooter: Pricing would be critical as cost is the biggest deterrent at present
Bhavish Aggarwal-led Ola Electric's Rs 2,400 crore unit is being built at record-breaking speed to become the world's largest two-wheeler plant
The world's largest two-wheeler factory is expected to create 10,000 jobs.
The manufacturing facility is coming up in Tamil Nadu