Ola Electric plans to launch its electric scooter in the Indian market in July this year and is also working on creating a “ Hypercharger network ” to include one lakh charging points in 400 cities, the Press Trust of India reported. The company has yet to disclose details such as e-scooter prices. Ola said his scooters will be “aggressively” priced to make them accessible to buyers in India. The company also has plans to export to overseas markets.
The charging network will be able to charge 50% of Ola Scooter’s battery in 18 minutes for a range of 75 km. Last year, Ola had announced a ₹2,400 crore of investment for the creation of its first electric scooter factory in Tamil Nadu, which will initially have an annual capacity of 2 million units.
“To achieve the adoption of electric vehicles, a strong charging network is required. Today, one of the major infrastructure shortcomings in our country is the charging network … (Our) Hypercharger Network will be the largest fast charging network. for two wheels … (in) 400 cities and towns and we will build more than 1,00,000 charging points as part of this network, “he said.
In the first year, Ola is installing over 5,000 charging points in 100 cities across India.
These Ola charging stations will be installed as standalone towers and in popular locations such as shopping malls, IT parks, office complexes and cafes to ensure that Ola Electric customers always have a charging point nearby.
“Automated charging and multi-level parking systems in popular areas across multiple cities ensure that you will easily find a place that is always ready to charge,” says the Ola Electric website.
In addition, customers will be able to monitor the charging progress in real time on the Ola Electric app and pay without problems also through the app.
The Ola scooter will include a home charger that will require no installation and will allow customers to charge their vehicle at home by plugging it into a regular wall socket for charging.
When asked about the impact of the COVID pandemic, Aggarwal said there have been no major disruptions so far.
“As the next few weeks evolve, things may change but, for now, we do not anticipate major disruptions in the introduction of the charging network or the factory,” he said adding that the company was able to manage supply constraints. better as he is building some components himself.
Although Aggarwal did not comment on the investment made to create the charging infrastructure, he said he will invest “a significant amount ourselves and with our partners”.
“Together, the ecosystem will invest about $ 2 billion in this over five years over five years,” he added. (With PTI inputs)