Recently, Ola has announced another set of investments as it has raised over USD 200 million from Techne Private Ventures, Alpine Opportunity Fund, Edelweiss and others.
Ola Electric Car (PS- Twitter)
Ola Electric Car (OLA Electric Car) can be introduced next year and a picture of a design study released can preview the model. Ola Electric (OLA Electric) Chief Executive Officer Bhavish Agarwal has released a picture of a concept car that will probably go into production next year. Though no further details have been revealed by them, this could be a ready design study and more likely will serve as the base for the production-spec electric four-wheeler. OLA with great claims S1 and S1 Pro Scooters It has entered the electric two-wheeler space with the .
Meanwhile, Ola has announced another set of investments as it has raised over USD 200 million from Techne Private Ventures, Alpine Opportunity Fund, Edelweiss and others. The funding round has valued the electric mobility startup at USD 5 billion.
Can you guys keep a secret? pic.twitter.com/8I9NMe2eLJ
â€” Bhavish Aggarwal (@bhash) January 25, 2022
Earlier, Bhavish Aggarwal kept his followers guessing by replying to a tweet and said, “The next car replacement should be Ola Electric Car.” However, the brand’s existing factory in Tamil Nadu, which claims to be the world’s largest in electric two-wheeler production, may need a new production line for the cars.
This thing came out from the car concept model
Coming to the car concept, it gets a large glass canopy covering the pillars, windshield and roof section while the Ola lettering can be seen at the front. The panels of the body cover the entire width in a tilting fashion with a horizontal LED light strip. Except for the wheels, nothing traditional looks traditional on the concept and it makes us wonder if the last production model will bear any resemblance to it. The electric car project will be supported by SoftBank Group and
Recently, Ola has forayed into the used car business under a new vertical. It will be interesting to see how the e-car project develops.
Ola is currently in the process of completing the delivery of its S1 Pro electric scooter which has a backlog of around 90,000 orders, leaving buyers disappointed.
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