Ola Electric on Thursday said it plans to foray into the international markets starting with Nepal. The company said it has signed a memorandum of understanding with CG Motors in Nepal partnering them as local distributors for its Ola S1 scooters (S1 & S1 Pro).
The scooters will be available in Nepal starting next quarter, the Bengaluru-based electric two-wheeler maker said in a statement.
In the second phase, the company also aims to enter Latin America, ASEAN and European Union, increasing the company’s presence in up to five international markets.
