Ola electric scooter receives 100,000 reservations

Ola electric scooter price

Ola on Saturday announced that its electric scooter has received a record-breaking 100,000 reservations within the first 24 hours.

Ola Electric opened the reservation for its electric scooter on the evening of July 15. It can be reserved for Rs 499 via its official website — olaelectric.com.

“The unprecedented demand is a clear indicator of shifting consumer preferences to EVs,” Bhavish Aggarwal, Chairman and Group CEO, Ola, said in a statement.

The Ola Scooter is a revolutionary product from Ola Electric, with class-leading speed, unprecedented range, the biggest boot space as well as advanced technology that make it the best scooter customers can buy.

Ola’s electric scooter will be priced aggressively to make it widely accessible and it will be made-in-India for the world, to be manufactured at the company’s Futurefactory.

The first phase of the Ola Futurefactory is nearing completion and will be operational soon, while the full capacity of 10 million vehicles per annum will be built by next year.