About OLA Electric

OLA Electric has become a prominent name in the Indian electric vehicle landscape. Founded in 2017, this Bengaluru-based company is not only India’s largest electric two-wheeler manufacturer but is also valued at a staggering US$5.4 billion (as of September 2023). Let’s delve deeper into the world of OLA Electric, exploring its origins, its mission, and its future endeavors.

From Ride-Hailing to E-Mobility

OLA Electric’s story is intrinsically linked to its parent company, Ola Cabs, a leading ride-hailing platform in India. Recognizing the need to reduce emissions and fuel dependence within its vast network, Ola embarked on an ambitious electric mobility mission. This led to the birth of OLA Electric Mobility in 2017.

The company’s initial focus wasn’t solely on manufacturing OLA Electric Scooters. In fact, it started with a pilot program in Nagpur, Maharashtra. This program involved setting up charging stations across the city and procuring electric vehicles from existing manufacturers. This was a strategic move to assess the feasibility and challenges of large-scale electric vehicle adoption in India.

Building the Future: The OLA Electric Factory

OLA Electric’s vision soon transcended mere procurement. The company aimed to become a key player in electric vehicle manufacturing. In 2020, they unveiled their future factory, aptly named the OLA Futurefactory, located in Krishnagiri, Tamil Nadu. This colossal facility boasts the title of India’s largest two-wheeler EV manufacturing plant, capable of producing a staggering number of OLA Electric Scooters annually!

The OLA Futurefactory is a marvel of automation and sustainable practices. It utilizes advanced robots and automation systems to ensure efficient production, while incorporating green initiatives like rainwater harvesting and solar power generation. This commitment to sustainability reflects OLA Electric’s focus on building a cleaner future.

Riding on Electrons: OLA Electric’s Offerings

OLA Electric entered the consumer market with a range of OLA Electric Scooters, designed to cater to a variety of needs and preferences. The scooters impress riders with their sleek design, impressive performance, and a plethora of tech features.

Looking Ahead: The Road to Electric Motorcycles

OLA Electric isn’t resting on its laurels. The company has set its sights on the electric motorcycle segment. They have hinted at launching multiple electric motorcycles in the near future, potentially creating a new wave of excitement in the Indian electric vehicle market.

Beyond Scooters: Building an EV Ecosystem

OLA Electric understands that a successful transition to electric mobility requires more than just manufacturing great vehicles. The company is actively involved in building a robust EV ecosystem in India. This includes:

• Expanding Charging Infrastructure: OLA Electric is establishing a network of fast-charging stations that can replenish an OLA Electric Scooter’s battery in a matter of minutes. This will significantly address range anxiety, a major concern for potential EV buyers.
• Focus on Customer Service: The company offers dedicated customer support features for booking service appointments, managing OLA Scooter health, and accessing other support features.

The Spark of Change: OLA Electric’s Impact

OLA Electric’s entry into the electric two-wheeler market has been a game-changer. They have not only introduced stylish and feature-rich OLA Electric Scooters but have also spurred competition in the segment. This has led to a wider variety of electric two-wheeler options for consumers, ultimately accelerating the adoption of electric mobility in India.