Ola is a Bengaluru-based ride-sharing company that only a few people are ignorant of. Ever since Ola became operational in all the major cities throughout India, it has become our go-to option. Along with the US-based Uber, Ola is one of the most dominating ride-sharing companies that offers the users a wide range of vehicles and renting options to choose from!
India’s leading mobility platform, Ola has been operating since 2010, when it was founded and has already streamlined its ride-booking and car renting service and its different modes throughout these years with a focus on its users to add to its growth.
Now, Ola has also chosen to empower sustainable development and therefore, came up with its unique concept of “e-scooters” or what we term as “electric scooters”.
Why Ola Electric Scooter is much like a “Revolution on two wheels”?
Yes, coming up with Ola electric scooters will certainly help people lose track of the rising costs of fossil fuels and all the morbid thoughts about the exhaustion of our fossil fuel reserves and their likes.
Ola electric is certainly a revolutionary idea and even its tagline says so “Ready or not, a revolution is coming” along with a motivating hashtag #JoinTheRevolution.
Here are the 3 key features that Ola Electric scooter boasts of:
Big on Acceleration – The Ola electric scooters would be furnished with acceleration to envy and will allow the users to stay ahead on the road.
High on handling – Along with providing a remarkable acceleration, these bikes are also slick and promise exceptional handling on any surface.
Larger boot space – Ola Electric vehicles also come with a large boot space that is capable of storing two helmets and more important things you would need along the ride.
Ola Electric – Birth of the Entity
Ola has announced that its vehicle manufacturing company would be different from its ride-sharing wing. They are two different lines of businesses under ANI Technologies where the former will continue to be a ride-hailing business whereas the latter would be associated with the manufacturing and selling of the electric scooters.
Ola Electric Scooters – Built, Colour Variants, Specifications, and Charging
Ola has disclosed that their electric scooters will be made available in three versions – the Ola Series S, Ola S1, and the top-of-the-line Ola S1 Pro.
Ola electric has acquired Etergo BV back in 2020 and announced that the Ola electric scooter is based on the Etergo Appscooter. The company has already adopted the platform of Etergo to be used in India in order to deliver better performance.
![Etergo Appscooter](https://static.startuptalky.com/2021/07/Etergo-App-scooter-StartupTalky.jpg)
The Ola electric scooters will pace on 12-inch black alloy wheels. Talking about the design of the vehicles, they are clean and sleek in appearance and devoid of any other redundancies. As per the reports, the Ola e-scooters will feature a twin-pod LED headlamp that will have an LED strip running around it.
![Ola electric scooter](https://static.startuptalky.com/2021/07/Ola-electric-scooter-StartupTalky.png)
Furthermore, these will have single-sided telescopic front suspensions and their rear shock absorbers will be mounted horizontally, with the disc brakes slotted front and in the rear. The pillion footpegs of the scooter fold flush into the bodywork of the vehicles and at the back there are chunky pillion grab handles, ending in clear-lens tail-lights.
These scooters are also claimed to be launched with the largest boot space ever, which will be capable of accommodating two half-face helmets and will have space for packing in more.
![Ola Electric Scooter boot space](https://static.startuptalky.com/2021/07/Ola-Electric-scooter-bootspace-StartupTalky.jpg)
As per the batteries, Ola hasn’t released any formal statements concerning the battery system of the vehicles but its batteries will not be of a swappable type according to most. It will rather run on a standard charging system.
Ola electric scooter’s riding range, as of now, is hoped to be somewhere around 150 km per charge.
Though Ola has refused to share anything more at this point, its electric scooters are reported to be equipped with a 7.0-inch TFT color display that will feature in-built navigation, onboard diagnostics, and other infotainment functions, and will be powered by an Android operating system.
Ola has already roped in Wayne Burgess, a Jaguar design veteran who also served as the Design Director of Jaguar Production and SVO Vehicles, and plans to make their vehicles big on design, bringing in the global appeal to the vehicles.
![Wayne Burgess](https://static.startuptalky.com/2021/07/Wayne-Burgess-StartupTalky.png)
Besides, Ola is also planning to launch an indigenously built car in order to foray into the electric four-wheeler industry, which will also get a major boost in its design with Burgess leading their team as the VP of Design.
Some of the color options from which the customers can choose their vehicles are matte black, matte pink, matte sky blue, and more. In case you are worried about choosing the vehicle color, then the brand has announced that it will provide the option to choose the color at a later stage.https://www.youtube.com/embed/5tgIQTZOO0Y?feature=oembed&enablejsapi=1&origin=https%3A%2F%2Fstartuptalky.com
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How can you charge Ola Electric Scooters?
The owners of Ola Electric vehicles will be able to charge their scooters using a standard 5A socket or at one of its ‘Hypercharger’ charging stations. The company has already announced that it will make the charging stations live in over 100 cities initially, which will eventually cover over 400 cities.
Where are the Ola Electric Vehicles manufactured?
The electric vehicles of Ola are currently manufactured in its factory in Tamil Nadu, which has a capacity of producing 2 million vehicles annually and the numbers will rise to 10 million by the end of 2022.
Yes, Ola Electric is in process of building its factory, OLA FutureFactory in Tamil Nadu, which will cover an area of more than 100 acres, boast a production capacity of 10 million units per year, and will operate with the help of over 3000 AI-powered robots.
It is believed to be the world’s largest 2 wheeler factory that is planned with the facilities to roll out 1 vehicle every 2 seconds. Phase 1 of the plant is nearly complete.
What will be the price of Ola Electric Scooters?
The Ola e-scooters will be competitively priced, according to the website of the Indian multinational ride-sharing company. The prices will be unveiled soon, mentioned Ola.
According to sources close to Ola, these scooters are expected to be priced around Rs 1 lakh mark. At this price segment, these vehicles will compete with the likes of the Bajaj e-Chetak, Ather 450X, and the TVS iQube
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How to Book Ola Electric Scooter?
If you are eager to purchase one of such vehicles, then you don’t have to worry anymore because here are some easy steps that will help you book your vehicle:
- First, you need to visit the official website of Ola electric: www.olaelectric.com and then click/tap on the ‘Reserve for Rs 499’ button, which appears at the top-right corner of your screen.
- Now, you need to enter your mobile number, click on the captcha verification box to verify the same, and then click/tap on the Next option.
- You will then receive an OTP on your mobile number, which you will need to type in and then click/tap on the Next option.
- Then you will get a dialog box that says ‘Total Payable – Rs 499’ and will offer 3 payment options – Debit/Credit card, UPI, and Netbanking.
- After that, you need to choose your preferred payment option, after which you will be redirected to the payment gateway.
- After making the payment you will see the final screen, which will confirm your booking by saying “Congrats, you are now part of the revolution.”
- As soon as you have completed making the payment, you will receive the order ID and other details via SMS or email to the mobile number and the email address provided.
Funding received by Ola Electric Mobility
Ola Electric Mobility, the subsidiary of Ola responsible for manufacturing Ola Electric scooters has raised a total funding of $407.2 million to date over 6 funding rounds and is powered by 8 investors in total.
The lead investors of Ola Electric Mobility include big names like Softbank, Tata Sons Private Limited, Matrix Partners India, Tiger Global Management, Hyundai Motor Company, Kia Motors, and more.
Pre-Sale Bookings of Ola Electric Scooter
Ola opened the option for pre-booking their customers on July 15, 2021. Therefore, everyone who is eager to buy the much-awaited e-scooter and wants to stay ahead of their peers can pay a refundable deposit amount of Rs 499.
As of July 17, 2021, Ola electric vehicles have witnessed pre-bookings of more than 1 lakh vehicles and the numbers are increasing every second.
FAQ
How much does Ola electric scooter cost?
The Ola electric scooter is expected to be priced around Rs 1 lakh.
What is the range of Ola electric scooter?
The range of Ola Electric scooter on a single charge is expected to be 150 Km.
What is the top speed of Ola Electric scooter?
The top speed of Ola Electric scooter is 100km per hour.