Ola Electric to launch a line of 2 & 4 wheelers

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Ola Electric intends to produce 10-12 models of two-wheeler electric vehicles and at least 4-5 models of four-wheeler EVs  in the next few years.

It will also determine the various price points for EV motorcycles. According to Business Standard, Ola Electric’s top executive stated that the company’s first EV car will be priced at INR 40 Lakh, with additional EV products priced at INR 5 Lakh. “We will have electric vehicles ranging in price from INR 1 lakh to INR 40 lakh, covering every range and form,” said Ola’s executive. According to a company spokesperson, the startup has decided to quadruple the capacity of its manufacturing plant, increasing annual production of two-wheelers from 1 million to 4 million.

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Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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Ola Electric to launch a line of 2 & 4 wheelers

Ola Electric intends to produce 10-12 models of two-wheeler electric vehicles and at least 4-5 models of four-wheeler EVs  in the next few years.

It will also determine the various price points for EV motorcycles. According to Business Standard, Ola Electric’s top executive stated that the company’s first EV car will be priced at INR 40 Lakh, with additional EV products priced at INR 5 Lakh. “We will have electric vehicles ranging in price from INR 1 lakh to INR 40 lakh, covering every range and form,” said Ola’s executive. According to a company spokesperson, the startup has decided to quadruple the capacity of its manufacturing plant, increasing annual production of two-wheelers from 1 million to 4 million.

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.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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