Ola’s First Electric Car May Come as a Premium Offering, Could Be Priced Between Rs. 40 to 50 Lakh

Ola Electric is developing its first electric vehicle, which will be launched in the Indian market sometime in 2024. The company’s first electric quad will have a range of more than 500 kilometers on a single charge, and will reportedly accelerate from 0-100 km/h in under 4 seconds. In an update, Ola CEO Bhavish Aggarwal reportedly teased pricing details for the upcoming electric car. It will debut as a premium product in the country. Ola Electric entered the EV space last year with the launch of the Ola S1 and S1 Pro electric scooters. It recently launched its new S1 electric scooter priced at Rs. 99,999.

According to a report by Cartoq, Ola Electric CEO and co-founder Bhavish Aggarwal confirmed to PTI that the company’s first electric vehicle will be priced between Rs 40-50 lakh. “Ola’s product range will range from Rs 1 lakh (entry two-wheeler) to Rs 40-50 lakh (advanced electric vehicle), and the company’s vision is to become the global leader in mid-size vehicles,” Aggarwal was quoted as saying in the report. , Fit India Small and premium electric vehicles for other markets and consumers. Electric cars will be India’s ‘fastest and sportiest’ cars. We’re definitely working on a full roadmap for the car. During the virtual launch event of Ola S1 on August 15, Ola announced that it will introduce its first electric car in 2024. It is claimed to arrive as one of the fastest cars in India and is said to go from 0-100kmph within 4 seconds. It will have a range of over 500km on a single charge. Further, the EV will feature a glass roof and will run on the company’s MoveOS software. It is also confirmed to include assisted driving capabilities, and keyless and handless door,

Ola Electric, which started producing two-wheelers last year, last week launched the Ola S1, the company’s second electric scooter in India, priced at Rs 2 million. 99,999.

The new Ola S1 will replace the Ola S1 Pro from 2021 and will be available in Coral, Jet Black, Liquid Silver, New Mint and Porcelain White options. It runs on MoveOS 2. The battery capacity of the Ola S1 is 3 kWh. It has a top speed of 95 km/h, an ARAI range of 141 km and a normal range of 101 km.

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