Reservations For Ola Scooters Start At Rs. 499 Ahead Of The Official Launch Of The Electric Scooter.

Reservations For Ola Scooters Start At Rs. 499 Ahead Of The Official Launch Of The Electric Scooter.

Ola Electric Mobility said on Thursday that bookings for its much-anticipated electric scooter, the Ola Scooter, are now open, with customers able to reserve one for a refundable deposit of Rs. 499. Those who place a reservation will receive priority delivery, according to the firm. The vehicle’s specific launch date has yet to be confirmed. According to Gadgets 360, it is expected to be released later this month. Ola Electric and Bank of Baroda struck a 10-year debt financing arrangement worth $100 million (approximately Rs. 745.50 crores) earlier this week to build the Ola Futurefactory, the company’s manufacturing hub for electric two-wheelers.

The Ola Scooter is available for reservation through the Ola Electric webpage. However, the actual price has yet to be revealed by the corporation. The reservation website had a rocky start, with many people, including ourselves, having trouble accessing it; however, everything appears to be working now.

“India’s EV revolution starts today with the opening of reservations for our electric scooter, the first in a line of forthcoming electric vehicles. It will help expedite the shift to sustainable mobility with its exceptional performance, technology, and design, as well as aggressive pricing,” said Bhavish Aggarwal, Chairman and Group CEO of Ola, in a prepared statement.

On Thursday, Aggarwal used his official Twitter account to post a handful of teasers, presumably in an attempt to attract early reservations.

In December 2018, Ola began its journey to create electric scooters in India by investing $100 million (Rs. 745.50 crores) in local company Vogo. In 2019, Ola Electric, the cab aggregator’s electric vehicle (EV) initiative, was spun off and launched in Bengaluru. Last year, the EV business announced a Rs. 2,400 crore investment in its electric scooter manufacturing in Tamil Nadu. The firm, which bills itself as the world’s largest e-scooter factory, claims to be able to make electric scooters every two seconds.

Ola Electric stated in April that it was developing the Ola Hypercharger Network, which it claims is the world’s largest and densest two-wheeler charging infrastructure, with 100,000 high-speed charging points in over 400 Indian towns. It is expected to assist in the establishment of 5,000 points in 100 cities in the first year.

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