Electric-scooter leader Ola says on track for first car in 2024
Electric-scooter maker Ola Electric Mobility Pvt. is on track to deliver its first four-wheel vehicle in the second half of 2024, according to Chief Financial Officer G.R. Arun Kumar.
The manufacturer and ride-hailing company is focused on advanced stages of design and benefiting from the sharing of some technology deployed in its two-wheeler products, Kumar said in an interview in Bengaluru on Wednesday.
“Software, safety systems, electronics, cells, the drive train — a lot of it is common,” Kumar said on the sidelines of the India Energy Week forum. “We think we’re 30%-40% there.”
