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Ola Electric kickstarts pre-bookings of its first electric scooter at ₹499

Ola Electric kickstarts pre-bookings of its first electric scooter at ₹499
Business2 min read
  • Ola Scooter, the first electric vehicle from Ola, is now available for pre-booking.
  • Interested buyers can book their Ola Scooter by paying a refundable deposit of ₹499 on the company’s website.
  • Ola Electric’s Bhavish Aggarwal says this is the first in a range of electric two-wheelers from the company.
Ola Electric has started accepting pre-bookings of its first electric scooter, simply called the Ola Scooter. Starting today (July 15), customers can pre-book their Ola Scooter by paying a refundable deposit of ₹499.

Ola says that the customers who pre-book their scooter will get priority delivery. Those interested can head over to olaelectric.com to reserve their Ola Scooter now.

“India’s EV [electric vehicle] revolution begins today as we open reservations for our electric scooter, the first in our range of upcoming EVs. With its incredible performance, technology and design along with aggressive pricing, it will help accelerate the transition to sustainable mobility,” said Bhavish Aggarwal, the chairman and chief executive officer of Ola.


The opening of pre-bookings for the scooter comes close on the heels of Ola Electric raising $100 million (approx. ₹740 crore) in the form of debt from Bank of Baroda.

‘First in a range of electric two-wheelers’

The Ola Scooter won’t be the only electric scooter from the ride hailing giant – the company says this is just the first in a range of Ola electric two-wheelers.

It will be manufactured at the Ola FutureFactory in Tamil Nadu. The company says it is working to operationalise a capacity of 2 million vehicles, and intends to hit the full 10 million capacity by next year.

SEE ALSO:

Ola Electric has raised $100 million in debt to start producing its electric scooters soon

Hero Electric raises ₹220 crore to sell over a million electric scooters a year

The designer for Bentley, Aston Martin and Jaguar will now work on Ola Electric's new models

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