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 “large 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 this present day, final 12 months, Ola Electrical launched its first product – the S1 Professional electrical scooter – in India. A 12 months 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 anticipated to be launched subsequent 12 months. Bhavish Aggarwal, Founder and CEO of Ola Electrical, made this essential 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 large future plans.” Ola Electrical has additionally signed a PLI plan with the Centre, which can permit 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 be anticipated to announce a brand new and greater characteristic 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 in the course of the Ola Buyer Day at Ola Futurefactory. Agarwal had stated that extra particulars concerning the product can 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, displaying its pink color, smooth LED DRLs, entrance and rear design and aspect 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, will probably be virtually 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 revealed date: 05 Aug 2022, 08:38 AM IST

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