As electric gets a push through attractive central and state-level policies, competition in the segment is escalating. Startup poster-boy Bhavish Aggarwal threw a virtual challenge to established players such as Hero Moto, Honda 2Wheelers and Bajaj by announcing an aggressive Rs 499 booking amount for the company’s debutant electric scooter that is set to be launched very soon. The scooter will be the first commercially-available two-wheeler from Ola.
While details are yet to emerge, the Ola scooter will have a range of around 150 km on a single charge and have a top speed of 100 km per hour. This is being seen as “extremely lucrative” by industry watchers, especially when petrol prices have crossed the Rs 100 mark in most places.
“India’s EV revolution begins today as we open reservations for our electric scooter, the first in our range of upcoming EVs. With its incredible performance, technology, and design along with aggressive pricing, it will help accelerate the transition to sustainable mobility,” Aggarwal, chairman and Group CEO of Ola, said.