Ola to launch electric scooter in July and charging stations will be installed 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 “ hypercharging network ” to include a lakh of charging points in 400 cities, Press Trust reported. of India. The company has yet to disclose details such as the price of the electric scooter. Ola said the prices for her scooters would be “aggressive” to make them affordable for buyers in India. The company also intends to export to overseas 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 announced a Investment of 2400 crores for the establishment of its first electric scooter factory in Tamil Nadu which will initially have an annual capacity of 2 million units.

“To get electric vehicles adopted, a solid charging network is needed. Today, one of the main infrastructure gaps in our country is the charging network … (Our) hypercharging network will be the largest fast charging network for two-wheelers. . (across) 400 towns and villages and we are going to build over 1,00,000 charging points as part of this network, ”he said.

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

These Ola charging stations will be deployed as stand-alone towers as well as in popular locations such as shopping malls, computer parks, office complexes and cafes to ensure that Ola Electric customers always have a charging point. near.

“Multi-tiered automated charging and parking systems in popular areas of several cities make it easy to find a place that’s always ready to charge,” says Ola Electric’s website.

In addition, customers will be able to follow the progress of the charge in real time on the Ola Electric app and pay the charge transparently through the app.

The Ola scooter will include a home charger that will not require any installation and will allow customers to charge their vehicle at home by plugging it into a regular wall outlet to charge it.

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

“As the next few weeks evolve things could change but at the moment we do not foresee any major disruption in our deployment of the charging grid or the plant,” he said, adding that the company was able to manage the supply constraints. better because it builds some components itself.

Although Aggarwal did not comment on the investment made in setting up the charging infrastructure, he said he would invest “a significant amount ourselves and with our partners”.

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

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