The S1 electric scooter from Ola Electric was launched last year and has been a anticipated success. The company’s CEO had said this year that Ola Electric is about to bring an electric car and preparations have started for it. The company also released the teaser of its electric car during the launch of the Move OS 2.0 update.
If it will be Ola’s electric car, then it can be said that there will be a concept version whose production model can be brought next year. As of now the Ola electric car is in its initial stages and its testing etc. has not started yet, so it is confirmed that it will be a pre-production concept model.
Along with this, Bhavish Aggarwal said in his tweet that he will reveal his big future plan. In such a situation, the company can give information about its battery production and upcoming electric cars. In the teaser released, Ola has also given a glimpse of its battery, while the S1 electric scooter can also be brought in a new color option. At the same time, the company can make some disclosures related to production.
It is going to be a sedan model and Bhavish has already said that it is going to be the sportiest car in the country. During the event, it will also tell when customers can book this e-car. The company had started preparing for this electric car. For charging, the company has invested in Storedot, a leader in batteries with Extreme Fast-Charging (XFC) technology.
Ola recently unveiled its indigenously developed Lithium-Ion Cell – NMC 2170 and is investing heavily in developing a core R&D center to make indigenous advanced cell technologies. To begin mass production of its cells from its upcoming 50-GWh gigafactory, Ola has already tied up with global suppliers from Germany, South Korea, Japan and other hubs.
Ola CEO and Founder Bhavish Aggarwal said that today 90 percent of the global cell manufacturing capacity is in China. To reverse this import dependency, locally manufactured SAIL technology is critical. The Advanced Chemistry Cell PLI Scheme will play a vital role in making India self-reliant and localize the most important aspects of the Electric Vehicle (EV) value chain.
Ola Electric is getting good demand but the company is facing production crunch. Now the company has started preparing to bring an electric car and is eagerly waiting for it. It will also be a challenge for Ola to enter the car industry, but now it has to be seen when this electric car is brought.