Ola Electrical founder and CEO Bhavish Agarwal confirmed that his EV firm will launch a brand new product on August 15 as he promised to disclose his “massive future plans”.

By :
HT Auto Desk

05 August 2022, 08:38 am

The Ola electrical automobile design idea hints at a battery electrical hatchback. (Picture: Twitter/Bhavish Aggarwal)

Ola Electrical is all set to launch a brand new product on fifteenth August on the event of seventy fifth Independence Day of India. On at the present time, final yr, Ola Electrical launched its first product – the S1 Professional electrical scooter – in India. A yr later, Ola Electrical is prone to take its EV sport up a notch with an electrical automobile. Ola is teasing the upcoming electrical four-wheeler, which is predicted to be launched subsequent yr. Bhavish Aggarwal, Founder and CEO of Ola Electrical, made this vital announcement late on Thursday evening.

Sharing the replace, Agarwal wrote on Twitter, “So excited to announce a brand new product this fifteenth August. Will share extra about our massive future plans.” Ola Electrical has additionally signed a PLI plan with the Centre, which is able to enable the EV maker to work on lithium-ion cells to make batteries for electrical automobiles in India. Ola has not too long ago revealed its first lithium-ion cell. The corporate can also be anticipated to announce a brand new and larger function that will likely be used to develop its new electrical automobile together with battery cell know-how Will go

Earlier in June, Ola Electrical gave a sneak peek of its upcoming electrical four-wheeler through the Ola Buyer Day at Ola Futurefactory. Agarwal had stated that extra particulars concerning the product could be revealed on August 15. He’s additionally dedicated to develop the perfect merchandise for the shoppers within the Electrical Automobile phase.

A teaser video shared by the EV maker had earlier hinted at the appear and feel of the Ola electrical four-wheeler, exhibiting its crimson color, smooth LED DRLs, entrance and rear design and facet profile in small glimpses. , The electrical four-wheeler has the ‘Ola’ brand on each the entrance and rear.

Ola is at the moment seeking to purchase round 1,000 acres of land for its EV 4 wheeler manufacturing facility. Upon completion, it will likely be nearly twice the scale of its FutureFactory the place it at the moment makes the S1 Professional electrical scooter. Ola Electrical at the moment sells S1 Professional electrical two-wheelers in India.

First printed date: 05 Aug 2022, 08:38 AM IST

Supply hyperlink