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Ola Electric’s scooter receives record 1 lakh bookings in 24 hours

19 Jul 2021


Ola Electric, the EV start-up, has received record one lakh bookings for its electric scooter within the first 24 hours of the opening of bookings. Ola Electric opened the reservation for its electric scooter on 15 July. 

The revolutionary Ola Scooter can be reserved for Rs499 via olaelectric.com. The booking amount is fully refundable. 
With bookings now open, the scooter is likely to be launched in the coming weeks, most probably this month itself. 
While Ola is yet to reveal the features and price of the scooter, the company is seeing unprecedented rush of customers on its website looking to book the scooter.
In a video released earlier, the scooter is shown to have large underseat stowage, good acceleration and segment leading range as well. The exact details about technical specifications are yet to be released. 
The Ola electric scooter is being manufactured at Ola Electric's plant in Tamil Nadu, which meets Industry 4.0 standards will have an installed capacity of 10 million electric scooters per annum. The capacity will stand at two million units per year in Phase 1. The plant will have 10 general assembly lines and will be able to roll out a scooter every two seconds, and 25,000 batteries per day.
“The unprecedented demand is a clear indicator of shifting consumer preferences to EVs. This is a huge step forward in our mission to transition the world to sustainable mobility. I thank all the consumers who have booked the Ola Scooter and have joined the EV revolution," Bhavish Aggarwal, chairman and Group CEO, Ola, said.
The Ola Scooter will be made-in-India for the world, to be manufactured at the company’s state-of-the-art Future factory. The first phase of the Ola Future factory is nearing completion and will be operationalised soon, while the full capacity of 10 million vehicles per annum will be built by next year.
The buoyancy in the demand for electric two-wheelers can be gauged from the fact that between January and June 2021, the total sales of electric two-wheelers in India stood at 30,000 units.

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