Ola Electric plans to launch its electric scooter in the Indian market in July this year and is also working on setting up a ‘Hypercharger Network’ to include one lakh charging points across 400 cities, the Trust Trust Press of India reported. The company has yet to reveal details like the pricing of the e-scooter. Ola said his scooters will be “aggressively” priced to make them affordable for buyers in India. The company also has plans to export to overseas markets.
The charging network will be able to charge 50% of the Scooter Oil battery in 18 minutes for a range of 75 km. Last year, Ola had published a ₹2,400 crore investment for setting up its first electric scooter factory in Tamil Nadu which will initially have an annual capacity of 2 million units.
“Adopting electric vehicles requires a strong charging network. Today, one of the key infrastructure gaps in our country is a charging network … (Our) Hypercharger Network will be the largest high-speed charging network for two-wheelers. (across) 400 cities and towns and we will be building more than 1,00,000 charging points as part of this network, “he said.
In its first year, Ola sets up over 5,000 charging points across 100 cities in India.
These Ola charging stations will be used as standalone towers as well as in popular locations such as malls, IT parks, office centers and cafes to ensure that Ola Electric customers always have a charging point nearby.
“Automated charging and parking systems in popular areas across several cities ensure that you will easily find a place that always charges,” says Ola Electric’s website.
Customers will also be able to monitor the charging increase in real time on the Ola Electric app, and seamlessly pay for the charging through the app.
The Oil Scooter will include a home charger that does not need to be installed and will allow customers to charge their vehicle at home by plugging into a regular wall socket to charge.
When asked about the impact of the COVID pandemic, Aggarwal said there has been no major disruption at this time.
“As the next few weeks evolve, things may change but at the moment we have, we do not foresee any major disruption in the introduction of the charging network or factory,” he said adding that the company has been able to manage restrictions supply. is better as it builds some components on its own.
While Aggarwal did not comment on the investment being made for setting up the charging infrastructure, he said he will invest “a significant amount both ourselves and with our partners”.
“Together, the ecosystem will invest over USD 2 billion over this over five years over five years,” he added. (With PTI inputs)