Ola’s big announcement: Five electric motorcycles teased

Ola's big announcement: Five electric motorcycles teased

Ola Electric today launched new variants of the S1 and S1 Air electric scooters at prices starting at Rs 84,999 (ex-showroom). Along with this announcement, Ola teased five new upcoming products, all of them electric motorcycles. The company had earlier also made announcements about its first electric car launching in 2023. But for now, here’s what’s expected from the brand’s foray into electric motorcycles.
All five motorcycles represent different segments that include a cafe racer, a cruiser, a scrambler, a naked, and an adventure-styled bike. The image revealed at the end of the video released today is but a faint idea of what can be expected from the upcoming bikes, which currently appear to be in the concept stage.
Reports suggest that the new Ola bikes will target the mass market motorcycle segment with prices ranging from Rs 85,000 to Rs 1.25 lakh, with the first of them launching sometime this year. The company could have a product for the premium market as well later on.

Hero Xoom 110 First Ride Review | Fancy new take on 110 Xcooters | TOI Auto

Moreover, Ola Electric also recently announced that it will step into the electric commercial vehicle segment soon. Co-founder Bhavish Aggarwal stated that Ola’s two-wheeler business will soon start generating profits which will be invested in the upcoming new products.
“There are teams working on cars, two-wheelers, there are teams working on commercial vehicles… same software, same cells, electronics is used across products,” he said.
In related news, year-on-year sales growth for Ola Electric has been tremendous with a whopping 1549.64 percent increase. over January 2022, having sold 18,245 units in January 2023.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *