Ola Electric will introduce its e-scooter in the international market

Ola announced last year to set up the first electric scooter factory in Tamil Nadu with an investment of Rs 2,400 crore. On completion of this factory 10 thousand jobs will be created. It will be the world's largest scooter manufacturing factory. The manufacturing capacity of this factory will be 2 million units every year. Aggarwal said that, the launch of electric scooters is under the line of Global Vision of Ola. Countries settled around the Mediterranean Sea are prominent, along with larger countries. Countries like France, Italy, Germany, Britain, Spain are quite good markets. Being an Indian company, Ola will give priority to India first. But the company will also focus on exports and international markets. Agarwal indicated that, the company is also considering introducing electric cars in future.

Ola chairman said that, at present, the hypercharger network is being developed with a focus on two-wheelers. When we introduce our four-wheeler after a few years, this network can also be used for four-wheelers. Aggarwal said that Kovid has not shown a big impact so far. He said that there is no problem in setting up the factory or charging network right now. However, there may be a problem in the coming weeks.

Ola Electric announced last year the acquisition of Amtergo BV, an Amsterdam-based company. However, the amount of this acquisition was not disclosed. Now the company says that Ola's acquisition of Eurgo has benefited from improving the engineering and design capabilities of the electric mobility space. However, Bhavesh declined to comment on the expectation of revenue from the electric vehicle business. He said that the company is confident that consumers will like their products.

Ola Electric announced the creation of a hypercharger network in the country last month. Under this, 1 lakh charging points are to be installed in 400 cities of the country in the next five years. On this, the company will invest 2 billion dollars, about 14.9 thousand crore rupees. Ola plans to install 5000 charging points in 100 cities in the first 1 year. Ola's electric scooter will be charged 50% in just 18 minutes. With this charging, the scooter will be able to travel up to 75 kilometers. Ola's charging point will meet with the standalone towers of the business district at malls, IT parks, office complexes, cafes and other well-known locations.