The company, which had last month launched the Ola S1 electric scooter in two variants -- S1 and S1 Pro -- at prices Rs 99,999 and Rs 1,29,999, respectively, said it will start deliveries in October
Ola's e-scooter plans can disrupt the two-wheeler market
Ola's aggressive volume targets has not only given the existing manufacturers greater confidence but also spawned several firms in the e-two wheeler space
Bhavish Aggarwal against sale of petrol 2-wheelers after 2025
Ahead of the company's launch of e-scooter on Independence Day, experts say market transition may take time
The e-scooter's pre-launch garnered bookings of close to 100,000 in 24 hours
Ola wants to position itself as an attractive alternative to the popular ICE 125 cc scooter range through its own electric offering
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
Those who reserve early will get priority delivery
The company has claimed this to be the largest long-term debt financing agreement for the Indian EV industry
Last year, Ola had announced a Rs 2,400-crore investment for setting up its first electric scooter factory in Tamil Nadu
G R Arun Kumar joins as the Group CFO for Ola and CFO for Ola Electric, while Swayam Saurabh has come in as CFO for Ola's mobility, financial services and foods biz
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"
Balachandar is a 33-year HR veteran who was most recently group director at Coffee Day; earlier stints include GE Healthcare and GE Capital, Strides Arcolabs and Stanchart
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
By setting up massive capacities in a limited market against entrenched competition, founder Bhavish Aggarwal has his work cut out proving the sceptics wrong
Over the past 6 months, several auto majors and component suppliers have chosen Tamil Nadu to set up electric vehicle manufacturing facilities to produce about 4.5 million EV two-wheelers cumulatively
Ola Electric's scooter: Pricing would be critical as cost is the biggest deterrent at present