Ola will launch an e-scooter in July, setting up charging stations in 400 cities

Ola Electric plans to launch its electric scooter in the Indian market in July this year and is also working on setting up a “Hypercharger Network” to include one lakh charging points across 400 cities, Press Trust of India reported. The company is still revealing details like prices of the e-scooter. Ola said its scooters will be priced “aggressively” to get them available for purchase in India. The company also plans to export to overseas markets.

The charging network can charge 50% of the Ola Scooter battery in 18 minutes for a distance of 75 km. Last year, Ola announced An investment of Rs 2,400 crore to set up its first electric scooter factory in Tamil Nadu, which will initially have an annual capacity of 2 million units.

“To adopt electric vehicles, a strong charging network is needed. Today, one of the main infrastructure deficiencies in our country is a charging network … (Our) Hypercharger Network will be the largest fast charging network for two-wheeled wheels. ) 400 cities and towns and we will build more than 1,000,000 charging points as part of this network, ”he said.

In the first year, Ola is setting up more than 5,000 charging points across 100 cities in India.

These Ola Electric stations will be deployed as standalone towers and also in popular places like shopping malls, IT parks, office complexes and cafes to ensure that Ola Electric customers always have a charging point nearby.

“Automatic, multi-level charging and parking systems in popular locations across many cities ensure you can easily find a location that is always ready to charge,” says Ola Electric’s website.

Customers will also be able to monitor the charging progress in real time in the Ola Electric program, and easily pay for the charging also through the program.

The Ola Scooter will include a home charger that will not require installation and will allow customers to charge their vehicle at home by plugging it into a regular wall socket for charging.

Asked about the impact of COVID pandemic, Aggarwal said there has been no major disruption now.

“As the next few weeks evolve, things could change, but now we anticipate no major disruption in our start-up of the cargo network or the factory,” he said, adding that the company was able to manage supply limits. better because it builds some items on its own.

While Aggarwal did not comment on the investment made to set up the charging infrastructure, he said it would invest “a significant amount itself and with our partners”.

“Together, the ecosystem will invest over five years about $ 2 billion in this over five years,” he added. (With PTI inputs)

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