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.
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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.