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Ola's First Electric Car Will Be 'premium', May Cost Up To ₹50 Lakh - AutoBizz
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HomeCar NewsOla's First Electric Car Will Be 'premium', May Cost Up To ₹50...

Ola’s First Electric Car Will Be ‘premium’, May Cost Up To ₹50 Lakh

Ola aims to launch a wide spectrum of products within a price range of ₹one lakh and ₹50 lakh.

Ola Electric made the major announcement on Monday that it would release its electric vehicle on the market in 2024. In addition, it hinted at the EV by showing its silhouette. Ola CEO Bhavish Aggarwal later revealed in a media interview that the company’s first electric vehicle would be a high-end model and could cost up to 50 lakh. He added that Ola Electric could physically unveil the car to the world in a few months.

Ola wants to develop a diverse portfolio of products, with prices ranging from one lakh to fifty lakh. Along with the introduction of the premium electric car, Ola will also offer a more reasonably priced entry-level electric vehicle. The electric car’s specifications, however, have not yet been made public. Ola plans to launch its electric vehicle in 2024 and hopes to sell one million of them within the next two to three years.

Ola Electric claimed that its upcoming electric vehicle would have a 500-kilometer range on a single charge. The EV manufacturer also asserted that it would take just four seconds for the car to accelerate from 0 to 100 kilometres per hour. It is stated that the car will only have a drag coefficient of.21. To put things in perspective, the Nexon EV from Tata Motors claims to have a 437 km range on a single charge. The Tata Nexon EV accelerates from 0 to 100 km/h in about 9. (fragster.com) 4 seconds.

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The teaser image and video shown by Ola Electric hint that the EV would arrive with a coupe-like body style with pop-out door handles, a full LED lighting package and a ‘fastback’ style glass roof. Inside the cabin, the car is claimed to come without any steering wheel, which means it will have self-driving technology onboard.

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