Electric scooter maker Ola Electric Mobility Pvt Ltd will launch its models on August 15, said Bhavish Aggarwal, Chairman and Group CEO of the company. "Thanks to all who have reserved our scooter! Planning a launch event for the Ola Scooter on 15th August. Will share full specs and details on product and availability dates. Looking forward to it," Aggarwal tweeted on Tuesday.
Cagey about the vehicle specifications and the price, the company had said that the pricing will be competitive. The electric scooter will be rolled out of its factory in Krishnagiri district in Tamil Nadu and the total project outlay has been put at Rs 2,354 crore. The plant set up over 500 acres of land is an integrated facility with manufacturing, battery as well as supplier parks, ensuring over 90 per cent of parts are localised and in close proximity.
On July 17, Ola had announced that its electric scooter received a record-breaking 100,000 reservations within the first 24 hours, making it the most pre-booked scooter in the world. Ola Electric opened the reservation for its electric scooter on the evening of July 15, and it can be reserved for Rs 499 via its official website -- olaelectric.com.
"I am thrilled by the tremendous response from customers across India for our first electric vehicle. The unprecedented demand is a clear indicator of shifting consumer preferences to EVs," Bhavish Aggarwal, Chairman and Group CEO, Ola, said in a statement.
"This is a huge step forward in our mission to transition the world to sustainable mobility. I thank all the consumers who have booked the Ola Scooter and have joined the EV revolution. This is only the beginning!" the CEO added.