Ola’s Electric car launch!

At a time when India, amongst the fastest growing economies in the world, is taking interesting leaps toward the Electric car revolution, news that Ola is entering the four-wheel segment is nothing less than a giant stride.

And this isn’t mere hearsay; this is confirmed the news that is taking the electric car news space in India by storm.

On top of it, that Ola Electric is about to unveil its first-ever pure electric car on India’s independence day is massive news in itself.

Chances are, whatever you may read at this time, and whenever you may be reading it, news concerning the electric car development will pertain to Ola’s plans of launching its maiden offering in the EV segment.

That being said, what are the exact details that we know about the soon-to-be-launched development? And to what extent are they in the public domain as you read this piece?

To that end, it’s important to know that there aren’t too many details available as we speak.

However, Ola Electric’s CEO, Mr. Bhavish Aggarwal did express his excitement about the development that holds the key for his organization and in turn, to the changing EV tide in India.

The mega-successful entrepreneur, who hails from Ludhiana, happened to share the crucial news through his social media:

“Super excited to announce a new product this 15th August! Will also share more about our BIG future plans!!”

That being said, while not an awful lot is known about the way the car will eventually look and be, what is clearly known is that Ola Electric has huge plans for this four-wheel segment.

It is already in the advanced stages of setting up 1,000 acres of land for the purpose of building a new factory for car manufacturing part.

Interestingly, this factory will be two times the size of the existing factory at Hosur, which is being used for the purpose of making Ola’s electric scooters.

-stay tuned to The EV Daily for more updates about Ola’s eventual car launch!

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