Indian ride-sharing multinational corporation, Ola Cabs has recently ventured into the manufacturing sector.
The company is expected to launch a battery run electric scooter by the end of this month.
The company started pre-booking orders online for interested customers at a minimal sum of ₹499 ($6.69).
The biggest advantage of the scooter its time to full charge and mileage. The company claims its scooter charges to 100% in under 30 minutes and that it will give a mileage of between 75 to 150 kilometers.
The company hopes to setup a plenty of Ola hyper-charging stations in cities and at provide 5A sockets for home charging.
Ola said the scooter would come in multiple colors ranging from pink to black. The price range is said to be similar to that of its competitors.
Ola unveiled their plans of building hyper-charging stations and networks across India in over 400 cities with over 100,000 fast charging ports.
Even before Ola could unveil the scooter and its features officially, the company has bagged over 100,000 pre-bookings within a day of opening up registrations.
“India’s EV revolution is off to an explosive start. Huge thanks to the 100,000+ revolutionaries who’ve joined us and reserved their scooter,” Bhavish Aggarwal, CEO and Chairman said on Twitter.
Even the Chairman of the Mahindra Group was very impressed with this initiative and took to Twitter to express his feelings.
“No matter how this scooter ultimately fares, it is exciting to see courage and risk-taking being rewarded. The more entrepreneurs that follow the lead of Bhavish Aggarwal and show no fear of failure, the more robust Indian innovation will become,” Anand Mahindra wrote.
The company is going to use its manufacturing unit in Tamil Nadu to produce its scooters. They are going to name this factory as “Ola Futurefactory” and as per Ola’s website this unit is said to be the biggest two wheeler factory globally.
This EV initiative of Ola is said to create 10,000 jobs.