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Ola Scooter goes on a ride; Launch Imminent
In the run up to an imminent launch, the Ola Scooter went on a ride on a recent Sunday morning in Bangalore. Ola Chairman and Group CEO Bhavish Aggarwal took the scooter out for a spin and rode by some of the most iconic spots of the city. The Ola Scooter is a leap-frog product, packed with several industry leading innovations including the motor, the battery, the vehicle computer, and several other advanced features through innovative software – all designed by Ola. “...
Ola Electric, India’s leading manufacturer of EVs, has invested in an Israeli battery technology company StoreDot, a pioneer in batteries with extreme fast charging (XFC) technology. The investment in StoreDot is the first of several global strategic investments planned by Ola Electric as it looks to ramp up its core R&D in advanced cell chemistry & manufacturing as well as other battery technologies and new energy systems. As part of the investment in StoreDot, Ola Electr...
Affordability of electric mobility has always remained a pain point for both the manufacturers and buyers. The recent amendment in the Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II) announced by the Department of Heavy Industry on June 11th, 2021, is expected to fast-track adoption of electric mobility in the two-wheeler space in the country, and provide much needed impetus, in terms of demand, to the segment. According to the amendment...
Gujarat announces comprehensive EV Policy; aims to become EV hub
Gujarat has become the latest state to announce a comprehensive electric vehicle (EV) policy. While automakers across segments have welcomed the move that will see the enabling of faster adoption of electric vehicles in the country, one needs to keep an eye on how these incentives will unfold vis-a-vis higher buyer demand. "In line with its clear policy to encourage EV adoption, the Government has extended the FAME II policy by 2 years. This, coupled with recent changes in incentive s...
