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” that includes a lakh charging station in 400 cities, reported Press Trust of India. The company has yet to announce details such as the pricing of the e-scooter. Ola said its scooters are “aggressively” rated to make them affordable for buyers in India. The company also has plans to export to overseas markets.
The charging system can charge 50% of the Ola scooter battery in 18 minutes over a range of 75 km. Last year Ola announced one £Investment of 2,400 crore to build the first electric scooter factory in Tamil Nadu, which will initially have an annual capacity of 2 million units
“To introduce electric vehicles, a strong charging system is required. Today one of the most important infrastructure gaps in our country is the charging system … (Our) Hypercharger Network will be the largest fast charging system for two-wheelers. (Over) 400 cities and towns and we will be more than Build 1,00,000 charging stations as part of this network, “he said.
In the first year, Ola will set up over 5,000 charging stations in 100 cities in India.
These Ola charging stations are used as stand-alone towers as well as in popular locations such as shopping malls, IT parks, office complexes and cafes to ensure that Ola Electric customers always have a charging station nearby.
“Automated, tiered charging and parking systems in popular areas in multiple cities make sure you can easily find a place to always charge,” says Ola Electric’s website.
In addition, customers can monitor the charging process in real time via the Ola Electric app and pay for the charging process seamlessly via the app.
The Ola Scooter will include a charger that does not require installation and allows customers to charge their vehicle at home by plugging it into a standard wall socket to charge.
When asked about the impact of the COVID pandemic, Aggarwal said there had been no major disruptions to date.
“Things could change in the next few weeks, but we’re not seeing any major disruptions to the charging system or factory implementation right now,” he said, adding that the company has been able to handle supply bottlenecks better as it has some Build components yourself.
While Aggarwal did not comment on the investments made to build the charging infrastructure, he said they will be investing “a significant amount themselves and with our partners”.
“Together, the ecosystem will invest approximately $ 2 billion over five years over that five-year period,” he added. (With PTI inputs)