Ola Electric Scooter to launch on August 15, CEO Bhavish Aggarwal informed via Tweet
4 weeks ago
On Tuesday, Bhavish Aggarwal, CEO of Ola Electric, revealed the launch date of the company’s much-anticipated electric scooter in India. On August 15, the Ola Electric scooter will make its official debut, and its pricing structure is expected to be disclosed at the same time. The Ola electric scooter bookings opened in late July, and the cab aggregator-turned-EV producer claims it has had an enormous response. Expect pricing to be about Rs. 1 lakh, with state-level incentives potentially bringing it even lower.
In a tweet, Tuesday morning, Aggarwal, confirmed the launch date of the Ola Electric scooter and added that complete specs and details, along with availability dates will also be shared. He Tweeted, “Thanks to all who have reserved our scooter! Planning a launch event for the Ola Scooter on 15th August. Will share full specs and details on product and availability dates. Looking forward to it!
Bookings for the future Ola Electric scooter are now available for a refundable fee of Rs.499 via the company’s website. More than one lakh orders were placed in the first 24 hours after bookings were available. And it might just be enough to sustain such a strong pre-launch response.
Ola Electric scooters will be available in ten different colors, and the company may opt for a direct-to-consumer sales strategy, which would eliminate the need to build and maintain a dedicated dealer network. The Ola electric scooter will be made at Ola Electric’s plant in Tamil Nadu. The factory is expected to become the world’s largest electric scooter factory, with a production capacity of 10 million units per year.