Ola will bring its electric car, preparing to launch the first model by 2024

Ola Electric on Monday said it will foray into the electric cars segment and plans to launch its first model in the segment by 2024. The company has set an ambitious target of selling one million electric cars by 2026-27.

Ola Electric on Monday said that it will foray into the category of electric cars.

Ola Electric on Monday said it will foray into the electric cars segment and plans to launch its first model in the segment by 2024. The company has set an ambitious target of selling one million electric cars by 2026-27. Bhavish Aggarwal, Founder and CEO, Ola said that Ola Electric aims to introduce a range of electric two wheelers to electric cars, which will cost between Rs 1 lakh and Rs 50 lakh.

Luxury cars will start

Regarding the company’s plan regarding electric cars, Agarwal said that we have a complete outline regarding the car sector. He said that they are starting with luxury cars and it will come in 18 to 24 months. He further said that by 2026 or 2027, we will target to sell one million electric cars in a year.

Apart from this, let us tell you that Ola has relaunched its S1 electric scooter today. The company has announced to keep the introductory price of its new S1 scooter at Rs 99,999. The company has used the same operating system in this scooter, which they used in their S1 Pro. The company has used 3KWh capacity battery in the new S1 scooter. The company claims that the range of this scooter will be 131 km on full battery charge while in Eco mode the scooter will run 128 km.

The company has also claimed that the maximum speed of their new S1 electric scooter will be 95 kmph. This speed is the highest in its segment. Along with this, Ola has also made a big disclosure about its electric car. The company says that Ola will launch its first electric car in India by 2024. The company says that customers can book Ola’s new S1 electric scooter for Rs 499. Apart from this, the company also says that it will start the delivery of this new scooter from 7th September.

The company will continue booking the scooter from August 15 to August 31. The company has released 3 dates for booking scooters.

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