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Ola Electric ropes in auto veteran Yongsung Kim to head Global Sales & Distribution
Ola Electric today announced the appointment of Yongsung Kim as Head of Global Sales & Distribution, overseeing India and international markets. A 35-year veteran with Hyundai Motor and Kia, Yongsung brings global automotive sales experience from around the world, including North America, Europe, UK, Middle East, Africa, ASEAN, Asia Pacific and of course India where he spent several years, first with Hyundai Motor and then with Kia, to build their market-leading presence in India. Y...
Ola Electric appoints Wayne Burgess as Head of Vehicle Design
Ola Electric today announced the appointment of Wayne Burgess, as Head of Vehicle Design for its entire product range including scooters, bikes, cars and more. Wayne brings a wealth of international automotive design experience, having worked on some of the most legendary and iconic cars in automotive history including the Bentley Arnage in 1998, Aston Martin’s DB9 in the mid 2000s and more recently, the Jaguar XF, F-Type, F-Pace SUV, XE as well as many others. Commenting on the a...
Ola Electric raises US$100 million long term debt
Ola Electric and Bank of Baroda today have signed the largest long-term debt financing agreement in Indian EV industry. This 10-year debt of US$100 million is towards the funding and financial closure of the Phase 1 of the Ola Futurefactory, Ola’s global manufacturing hub for its electric two-wheelers. Ola had earlier announced last December that it will be investing Rs 2,400 crore for setting up the Phase 1 of the factory. “Today’s agreement f...
Ola Scooter gets 100,000 reservations in a day
Bhavish Aggarwal, CEO, OLA Electric tweeted saying, that they had clocked 100,000 bookings for the revolutionary Ola Electric scooter on Day One of opening reservations. "That's 99,999 other people like you who aren't just thinking about sustainability but doing something about it too. Thank you fellow revolutionary. It only gets better from here."
Consumers to get a choice of 10 colours for the Ola Scooter
Ola Electric today revealed that its much awaited electric scooter will be available in 10 unique and vibrant colours, the widest range of colours available on a two-wheeler. While the exact names of the colours will be announced at the imminent launch, there will be choices in matte and gloss shades from options in blue and black, the vibrant hues of red, pink and yellow, as well as white and silver. Ola Electric revealed the whole palette of colours today on film for the first time in a ...
Ola announces the launch of first scooter - Ola S1
Best design It stands out in beautiful colors, iconic twin headlamps, ergonomic and fluidic body, superior alloy wheels, sculpted seating and the largest boot space that fits 2 helmets comfortably. Best performance The scooter inspires range confidence with an industry-leading range of upto 181 Km, acceleration of 0-40 kmph in 3 seconds, and a top speed of 115 kmph respectively. Hyperdrive motor: Designed and perfected in-house, the 8.5 kW motor is the most powerful i...
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...
To celebrate 75 years of the Independence, and Swarnim Vijay Varsh, and also to support vision 2030 of clean energy and foster adventure spirit among youths, a total of 15 riders, including 10 Indian Army personnel are taking part in the expedition that will cover 393 kms of distance on Ola S1 Pro scooters. The ride aims to spread awareness amongst the populace on clean energy and will showcase the spirit of adventure. Bhavish Aggarwal, CEO, Ola said ‘’It’s a p...
Ola to invest USD 500 million in battery innovation and indigenous cell R&D
Ola Electric, India’s largest electric vehicles company, today announced the investment of USD 500 million for setting up its state-of-the-art Battery Innovation Center (BIC) in Bangalore. BIC will be one of the world’s largest and most advanced cell R&D facilities with more than 165 unique and cutting-edge lab equipment to cover all aspects of cell related research and development. Ola’s BIC will host Proto lines that can produce all form factors Cylindrical, Pouch, ...
The Ola electric scooter has been testing on Indian roads for quite some time now and the market is abuzz with talk about all that is going to be on offer. In fact, just a few days back, Ola created history by becoming the most pre-booked scooter in the world! Crazy right? Not really. Afterall, Ola is building the World’s biggest scooter manufacturing plant in Tamil Nadu. You too can book yours through the company’s official website for a mere INR 499 and with so many b...
