Ola planning to launch an Electric Car in India by 2023

Ola CEO and Founder Bhavish Aggarwal have dropped hints of their prospective entry into the Electric Vehicles Car segment

Ola Electric to launch their first Electric Car in India to bring Electric Vehicles in car segment after two-wheeler 

Ola Electric has raised over $200 million from Alpine Opportunity Fund, Tekne Private Ventures, Edelweiss, and others. The latest round values the company at $5 billion. 

Ola is currently working on the design of the upcoming electric vehicle, competitive pricing, budget and features.  

The new electric car is expected to be built in Ola’s Future Factory which is currently producing almost 1,000 units of its S1 and S1 Pro electric scooters per day. 

The price range of Ola electric car is expected to be between Rs 10 to 15 lakhs.  OLA ELECTRIC C1 PRO

The demand for EVs in India is quite high and many companies are in the race to bring the Electric Vehicles in two-wheeler and car segment. 

At present, Ola Electric has not made any specific information regarding the electric car but according to the sources it can be a Hatchback 

As per Resource Ola EV car competing against Tata Tigor Electric and Tata Nexon EV.  for more info visit the link below: