Ola Electric will begin selling electric scooters in international markets, beginning with Nepal

September 23, 2022

, By Team SNFYI

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Electric vehicle manufacture Ola Electric, announced on Thursday that it intends to enter international markets, beginning with Nepal.

The company has signed an agreement with Nepal’s CG Motors to serve as a distributor for its Ola S1 and S1 Pro scooters. The scooters will be available in Nepal starting in the next quarter, according to the company. In the next phase of its international expansion, Ola Electric plans to enter Latin America, Southeast Asia, and Europe. The news comes shortly after the company announced plans to open “experience centres” across India to boost sales. Following a fire in March, Ola has struggled to sell its flagship scooter, the Ola S1 Pro. Following the drop in sales, the company launched the S1, a cheaper, sub-Rs 1 lakh version of the scooter, on August 15.

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Ola Electric will begin selling electric scooters in international markets, beginning with Nepal

September 23, 2022

, By Team SNFYI

Electric vehicle manufacture Ola Electric, announced on Thursday that it intends to enter international markets, beginning with Nepal.

The company has signed an agreement with Nepal’s CG Motors to serve as a distributor for its Ola S1 and S1 Pro scooters. The scooters will be available in Nepal starting in the next quarter, according to the company. In the next phase of its international expansion, Ola Electric plans to enter Latin America, Southeast Asia, and Europe. The news comes shortly after the company announced plans to open “experience centres” across India to boost sales. Following a fire in March, Ola has struggled to sell its flagship scooter, the Ola S1 Pro. Following the drop in sales, the company launched the S1, a cheaper, sub-Rs 1 lakh version of the scooter, on August 15.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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