Ola Electric is expected to launch its two-wheelers in India next year at a price of under INR 1 Lakh and aggressively compete with the existing players
In terms of pricing, Ola is looking to undercut existing players such as Ather Energy with a launch in February 2021
The company plans to shift the EV scooter production from the Netherlands to India, but its acquisition of Dutch startup Etergo is being challenged
Bengaluru-based Ola Electric, which is gearing up to launch electric scooters in India and Europe, will price its maiden two-wheeler lineup at around INR 90,000-INR 95,000 per unit, according to three people aware of the development.
Branded ‘App Scooter’, Ola’s two-wheelers will have support for charging at home and using public charging infrastructure. The App Scooter is said to have three interchangeable battery modules — each battery has a capacity of 600W per module providing an 80Km range per module.
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