Bookings for Ola Electric’s electric scooter have begun, hinting that a launch is imminent.
It said in a statement on Thursday, “Starting today, consumers can reserve their Ola Scooter on olaelectric.com by paying a refundable deposit of ₹499. Those who reserve now will get priority delivery.”
The specifications and pricing of the two-wheeler are likely to be revealed soon by the business.
“India’s EV revolution begins today as we open reservations for our electric scooter, the first in our range of upcoming EVs. With its incredible performance, technology, and design along with aggressive pricing, it will help accelerate the transition to sustainable mobility,” Bhavish Aggarwal said, chairman and group chief executive, Ola.
This week earlier the firm said that a 10-year debt financing arrangement of $100 million is made with Bank of Baroda which could help them fund the first stage of its electric two-wheeler car plant in Tamil Nadu.
According to the ride-hailing business, in the Indian electric car sector, it is the biggest long debt financing arrangement deal.
Ola announced late last year that the factory’s first phase will cost Rs 2,400 crore.
It also intends to use the Ola Hypercharger Network to provide charging options to all of its electric two-wheeler clients. Aggarwal told MK Stalin, the chief minister of Tamil Nadu, about the factory’s development earlier this month, which is being constructed on a 500-acre plot of land in Krishnagiri.
Maharashtra’s EV policy, which was announced earlier this week, was also praised by Ola Electric.
Ola plans to install 5,000 recharge stations in 100 cities.
By 2025, the programme aims to electrify 10% of all registered cars and 15% of public transportation buses.
Read more about the 500 million funds to be given to ‘ola’: click the link below