The much-awaited Ola Electric Scooter will be officially launched on the 75th Anniversary of India's Independence Day ie August 15. Ola Cabs founder and Ola Electric CEO Bhavish Aggarwal on Tuesday tweeted about the development.


''Planning a launch event for the Ola Scooter on 15th August. Will share full specs and details on product and availability dates. Looking forward to it," he announced via a tweet. 



Ola opened reservations for the electric scooter on July 15 at just Rs 499. The company received over 1 lakh bookings within the first 24 hours.  The teaser from Ola Electric has indicated that the e-scooter will offer 'best in segment' features.


Also, it is expected to provide the biggest boot space in its segment along with "superior" cornering ability. The e-scooter will also have an app-based key for a 'keyless experience'.


READ: 'Not Under Consideration': India Rejects Tesla's Proposal To Cut Import Duties On EV To 40%


On the driving range, the company informed that the scooter can be charged up to 50 percent in a matter of 18 minutes using its fast charger which as per the company can provide a driving range of up to 75km.


The company has already unveiled 10 new colours of its yet-to-be-launched e-scooter. Interested buyers can book the e-scooter keeping the colour options in mind. You can book Ola Scooter directly from its website http://olaelectric.com.


The company has recently raised $100 million in long-term debt from the Bank of Baroda to close the first phase of development of its factory where it aims to manufacture electric two-wheelers.


The Bhavish Aggarwal-led electric firm is a spinoff company from ride-hailing firm Ola. According to the Moneycontrol report, the company aims to set up a 500-acre factory in Tamil Nadu's Krishnagiri, and targeting to manufacture 10 million vehicles a year at full capacity.


Car loan Information:

Calculate Car Loan EMI