Ola Electric to unveil its first electric car on Independence Day
Ola Electric has earlier promised that it is working on a new electric vehicle which will be a four-wheeler to go on sale in India as its second product. And in the latest development, the company’s CEO Bhavish Agarwal has confirmed that Ola will announce a new product on India’s 75th Independence Day on August 15.
Ola
Ridesharing company
- CEO: Bhavish Aggarwal (3 Dec 2010–)
- Revenue: 2,544 crores INR (US$330 million, 2019)
- Founded: 3 December 2010, Mumbai
- Number of employees: 3,000 (2020)
- Founders: Bhavish Aggarwal, Ankit Bhati
- Subsidiary: Ola Electric
- Type of business: Privately held company
Founder and CEO Bhavish Agarwal took to Twitter to tease a new product launch on the country’s 75th Independence Day. But he did not reveal the name of the product, the company may likely bring its first electric car in the country on August 15. Ola Electric has been teasing its four-wheeler electric car for some time now.
Super excited to announce a new product this 15th August!
Will also share more about our BIG future plans!!
Do watch the livestream. Sharing time and link soon. pic.twitter.com/mqWcilqoFW
— Bhavish Aggarwal (@bhash) August 4, 2022
During the event, it Is also expected company will talk about its future plans. Aggarwal says that the launch event will be livestreamed online. The time and link to watch the broadcast will be shared soon. Ola Electric has previously shown out a sneak peek of its future electric four-wheeler. During Ola Customer Day at the Ola FutureFactory in June of this year, the firm teased the car for the first time.
A teaser video for the same vehicle, shared by Ola Electric, features modern LED DRLs with red undertones. The car’s front and back designs, which include the Ola logo on both sides, were also shown in the video. Ola’s first electric car is likely to be a low-slung, wide car with a coupe-like roofline. Touted as the ‘sportiest car ever, the upcoming vehicle is rumored to be a 4-door sedan with a long battery set. In an earlier tweet, Agarwal said that the Ola Electric Car will be launched in 2023.
Agarwal also claimed that the Ola electric car would be “the sportiest car ever made in India”. The information shared by him confirmed that it has a sporty look with a large glass roof and a unique tyre design. The electric car’s specs, such as the battery pack used, the available range, and the charging time, are still unknown. We will know more about these things in the coming days.
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