Ola unveils its first electric car with 500 km range, 0 to 100 in four seconds: All details here

On the eve of 75th Independence Day, Ola Electric announced its new much awaited EV car. The company says the car will arrive in 2024 and it will have a range of 500 kms. The Ola Electric car will have its own Move OS and Assisted Driving Capability, and it will also be keyless and handleless. The electric car will an all-glass roof, and a smooth aerodynamic body the Ola Electric car will deliver a drag co-efficient of less than .21.

It will be launched in 2024 and expected to offer a better range than any mainstream carmaker’s electric vehicles that include the Tata Nexon EV Max and upcoming Mahindra XUV400 electric. Ola’s electric car will likely be powered by battery packs made from the new 2170 lithium ion cell that the automaker revealed earlier.

The company has also unveiled the Ola S1 electric scooter to target more budget-friendly price segment. Ola S1 has been launched with an introductory price of Rs 99,999 (ex-showroom). Interested buyers can reserve the scooter at Rs 499. The bookings will happen from August 15 to August 31. The scooter will go on sale for those who pre-booked it on September 1. For others, the sale will begin on September 2. Ola Electric has promised that it will begin deliveries for the Ola S1 from September 7.

Bhavish Aggarwal, Founder and CEO, Ola, said, “Over the last year EVs have been at the center of transforming personal mobility. At Ola, we have been at the epicenter of this change, driving adoption, increasing access and affordability. There is much to be achieved yet. Currently, less than 15% Indians own a 2W or a 4W and with India poised for strong economic growth, the Indian automotive industry wil witness demand for 20Mn 4Ws and 50Mn 2Ws each year. We believe that India needs to become the global epicenter of the EV revolution and command 25% of the world’s automotive market.”

“Today, at Ola we are taking Mission Electric to the next level by ensuring we have a roadmap to investment in technology, build scale and bring quality products that India deserves. As we build for India, we will also be creating the EV paradigm for the rest of the world,” Aggarwal further added.

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