Ola will launch e-scooter in July, charging stations to be set up in 400 cities

Ola Electric plans to launch its electric scooter in the Indian market in July this year and is also working to set up a “Hypercharger network” that includes a lakh charging point in 400 cities, the Indian Press Trust reported. The company has not yet revealed details such as the price of the e-scooter. Ola said his scooters will be “aggressively” priced to make them affordable for buyers in India. The company also has export plans for foreign markets.

The charging network will be able to charge 50% of the Ola Scooter battery in 18 minutes for a range of 75 km. Last year, Ola had announced a Investment of 2,400 million for the establishment of its first electric scooter factory in Tamil Nadu, which will initially have an annual capacity of 2 million units.

“The adoption of electric vehicles requires a strong charging network. Today, one of the key infrastructure gaps in our country is the charging network … (Our network) Hypercharger will be the largest fast charging network for two wheels. “(over) 400 cities and towns and we will build over 1,00,000 charging points as part of this network,” he said.

In its first year, Ola is creating more than 5,000 charging points in 100 cities in India.

These Ola charging stations will be deployed as independent towers, as well as in popular locations such as malls, IT parks, office complexes and cafes, to ensure that Ola Electric customers always have a charging point nearby. .

“Multi-level automatic charging and parking systems in popular areas of several cities ensure that you can easily find a place that is always ready for charging,” says the Ola Electric website.

Customers will also be able to monitor real-time charging progress on the Ola Electric app and pay seamlessly for charging through the app as well.

Ola Scooter will include a home charger that will not require any installation and will allow customers to charge their vehicle at home by connecting to a regular wall outlet for charging.

Asked about the impact of the COVID pandemic, Aggarwal said there had been no major disruptions so far.

“As the next few weeks evolve, things may change, but from now on we do not anticipate any major disruptions in the deployment of the charging network or the plant,” he said, adding that the company has managed to manage supply constraints. better because it builds some components on its own.

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

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

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