Ola Electric Scooter Bookings Begin
Highlights
- Bookings begin for Ola Electric scooter
- Booking amount is Rs. 499, which is fully refundable
- The new Ola electric scooter is likely to be launched in the coming weeks
Ola Electric has begun taking bookings for its upcoming electric scooter. Interested customers can log on to the company website and book the scooter for Rs. 499. The booking amount is fully refundable. With bookings now open, we believe the scooter is likely to be launched in the coming weeks, most probably this month itself. Customers who reserve their Ola electric scooter now, will get priority when the deliveries of the scooters begin. The Ola electric scooter is likely to have a range of 100-150 km and get features like removable Lithium-ion battery, digital instrument console, cloud connectivity, alloy wheels, telescopic suspension up front and much more.
Also Read: Ola Electric Scooter's Features Teased
undefinedIndia's EV revolution begins today! Bookings now open for the Ola Scooter!
— Bhavish Aggarwal (@bhash) July 15, 2021
India has the potential to become the world leader in EVs and we're proud to lead this charge! #JoinTheRevolution at https://t.co/lzUzbWtgJH @olaelectric pic.twitter.com/A2kpu7Liw4
In a video released earlier, the scooter is shown to have large underseat stowage, good acceleration and segment leading range as well. Of course, the exact details about technical specifications are yet to be released. The Ola electric scooter is being manufactured at Ola Electric's plant in Tamil Nadu, which meets Industry 4.0 standards will have an installed capacity of 10 million electric scooters per annum. The capacity will stand at two million units per year in Phase 1. The plant will have 10 general assembly lines and will be able to roll out a scooter every two seconds, and 25,000 batteries per day. The made-in-India scooters will be exported to Europe, UK, Latin America, Asia Pacific, Australia and New Zealand, apart from being sold in India.
Also Read: Ola Electric Raises $100 Million From Bank Of Baroda For Its EV Factory
Ola Electric has raised $100 million in long term debt for a period of 10 years from the Bank of Baroda to close the first phase of development of its 'Futurefactory' that will manufacturing electric two-wheelers. The company had previously announced in December last year that it will be investing Rs. 2400 crore for setting up Phase 1 of the factory. The facility will be able to generate employment for over 2,000 people initially, going up to 10,000 once fully operational. About 10 million man-hours have been planned to construct the facility.
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