Ola’s First Electric Vehicle May Be A Premium Model With A Price Range Of Rs. 40 to 50 lakh!

Ola's First Electric Vehicle May Be A Premium Model With A Price Range Of Rs. 40 to 50 lakh!

A debut of Ola Electric’s first electric vehicle is planned for the Indian market in 2024.

The company’s first electric four-wheeler is expected to have a range of more than 500km on a single charge and be able to accelerate from 0 to 100 km/h in less than 4 seconds. In a recent update, Ola CEO Bhavish Aggarwal is said to have hinted at the forthcoming electric car’s price.

It would make its national premiere as a premium offering. With the introduction of the Ola S1 and S1 Pro electric scooters, Ola Electric entered the EV market last year. It recently debuted the S1, a new electric scooter with an Rs. 99,999 price tag.

The CEO and co-founder of Ola Electric, Bhavish Aggarwal, reportedly told PTI that the company’s first electric vehicle would cost between Rs. 40 and Rs. 50 lakh, according to a Cartoq story.

In the report, Aggarwal is quoted as saying “Ola’s product line will range from Rs. 1 lakh (entry-level two-wheelers) to Rs. 40–50 lakh (premium electric car), and the company’s vision is to be a global leader in mid-size, small, and premium electric cars that are suitable for markets and consumers like India.

Ola's First Electric Vehicle May Be A Premium Model With A Price Range Of Rs. 40 to 50 lakh!

In India, the e-car will be the “fastest and sportiest.” We are working on a comprehensive roadmap for the automotive industry.”

Ola stated that it would debut its first electric vehicle in 2024 during the virtual launch event for the Ola S1 on August 15. It is asserted to be one of India’s fastest vehicles, with a 0-100kmph time of just 4 seconds.

On a single charge, it will travel more than 500 kilometers. Additionally, the EV will have a glass roof and utilize the MoveOS operating system from the business. Along with keyless and handleless doors, it is confirmed to have assisted driving features.

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Ola Electric, which started producing two-wheelers last year, debuted Ola S1, the brand’s second electric scooter, last week in India for Rs. 99,999.

Ola's First Electric Vehicle May Be A Premium Model With A Price Range Of Rs. 40 to 50 lakh!

The new Ola S1 replaces the Ola S1 Pro as of 2021 and is available in the colors Coral Glam, Jet Black, Liquid Silver, Neo Mint, and Porcelain White. MoveOS 2 powers it.

The Ola S1 has a 3KWh battery capacity. It has a top speed of 95 kph and a regular range of 101 km in addition to an ARAI range of 141 km.

Kimberly

Kimberly is a freelance writer with a love of writing and traveling. She has been writing for most of her life and has been published in various magazines and online publications. She writes about entertainment, technology, and lifestyle-related topics at Gadgetgrapevine.com. Kimberly is always looking for new writing opportunities and loves learning about new cultures and experiences.

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