Upcoming Ola Electric Car: After making a mark in the electric two wheeler segment, now Ola Electric is planning a bang entry in the electric car segment as well. Let us tell you that by next year the company can launch its first electric car for the customers in the market.
Upcoming Electric Cars: After making a strong hold in the electric two wheeler segment, now Ola Electric Is preparing to launch its first electric car. GR Arun Kumar, Chief Financial Officer of Ola Electric told that the company will launch its first car in the market next year i.e. in 2024. Ola Electric to launch its first Ola for customers in the second half of 2024 electric vehicle can launch.
Ola Electric Car Price
Ola Electric aims to launch its first electric car in the market for customers for less than $50,000 i.e. Rs 40 lakh. Let us tell you that to keep the price low, the company itself is working on making lithium-ion cells and batteries.
Ola Car Range
In many reports coming out so far, it has been claimed that this Ola electric car, which will be launched in 2024, can offer a good driving range of up to 500 kilometers on a single full charge.
Ola’s plan to compete with these companies
Ola Electric is planning to give a tough competition to Hyundai, Tesla and Tata Motors in the electric car segment with its first electric car. Talking about the electric car segment in the Indian market, Tata Motors has established a strong hold in the electric segment by launching one new electric car each. Now the thing to be seen in such a situation will be whether Ola’s first electric car will overpower Tata Motors or not.
Will electric vehicles become cheaper?
For the information of the people, let us tell you that the Lithium Ion battery used in Electric Cars is imported due to which the prices of Electric Cars are seen higher. But earlier this month, the government had announced a reduction in the import duty on lithium-ion batteries, it appears that this step of the government may bring down the prices of electric vehicles.
