Ola ramping up e-scooter production, capacity: CEO Bhavish Aggarwal
Ola Electric is ramping up production of its e-scooters and is parallelly expanding capacity at its factory in Krishnagiri in Tamil Nadu to meet future demand, company Founder and CEO Bhavish Aggarwal said on Saturday.
The company, which launched its new S1 Air electric scooter at an introductory price of Rs 79,999, said it will also make a foray into electric motorcycles by next year.
“We have sold upwards of a lakh units now (since the company made a foray into the electric two-wheeler space last year in August). Now, we have very significant momentum behind us. We are already producing more than 1,000 a day now at the future factory. We will be scaling it up significantly beyond that,” he said in a virtual press conference.
