Tuesday, October 15, 2024
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HomeNewsOla Electric to venture into electric bikes 

Ola Electric to venture into electric bikes 

The exact details of the specifications and production for the Ola Electric bikes are expected to be released soon.

After achieving remarkable milestones in the e-scooters arena in recent months, Ola Electric is now venturing into production of electric bikes. The Founder and CEO of Ola Electric, Bhavish Aggarwal, hinted at the latter in a tweet. 

The exact details of the specifications and production for the Ola Electric bikes are not yet available and are expected to be released soon. However, considering the comments to the CEO’s tweet, people do seem excited at the news. 

Ola’s new EV startup Ola Electric has witnessed a tremendous response on its first three recently launched scooters and has said that the company has made its 1,00,000 vehicles within a period of 10 months. With three products, S1 Air, S1, and S1 Pro, the company has made record sales during the last festive season.

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Talking about this landmark Bhavish said, “Since beginning our journey to electrify India, we have unleashed the potential of EVs in our nation, providing customers with a product and experience that is far superior to anything a petrol alternative can provide. This accomplishment is just the start”.

Notably, Ola has taken over Hero Electric and now has the best month-on-month growth in terms of sales in the segment. According to sources, there was a 60% growth every month.

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Sahil Pawar
Sahil Pawar
I am a graduate with a bachelor's degree in statistics, mathematics, and physics. I have been working as a content writer for almost 3 years and have written for a plethora of domains. Besides, I have a vested interest in fashion and music.

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