Ola electric launch is just round the corner. The company has grand plans for India and the world and the prospects look just great…
App-based taxi provider Ola is venturing big time in the electric vehicle space. For this, it acquired a Netherlands based electric two-wheeler company Etergo recently. Etergo was an innovative manufacturer and was also often called as Tesla of two-wheels.
In a latest update, Ola has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government and has announced its first production facility in the state. The company has declared an investment of Rs 2400 crore and claims that this will be the largest electric scooter manufacturing plant in the world.
The company CEO says that it will also be one of the most modern facilities in the world and will cater to both the domestic as well as international markets. Exports are planned to Europe, Asia, Latin America, etc.
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The first scooter – Appscooter – for the Indian market has already been announced. The Appscooter is a funky looking innovative product and will be here by around February 2021. The scoot has a whopping 240 km range as it can store three battery modules at one time. This is a ground-breaking development as it means that an electric scooter can be good for more number of kilometers than an equivalent petrol model.
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The company claims a 0 to 45 kph sprint in 3.9 seconds which suggests that it will be a peppy performer as well. Prices are also expected to undercut major rivals like Chetak, 450X and others.
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With Ola joining the electric bandwagon all guns blazing, things are going to get crazier from hereon, for sure!
Source – NDTV Auto
