This aggressive expansion plan comes as the Bengaluru-based company is facing stiff competition from legacy players amid concerns related to its inability to provide smooth after-sales services.
"Over the next two years, we will launch 20 products, with at least 1 new product every quarter," said Ola Electric in its latest investor presentation. Currently, Ola has the broadest portfolio in EV scooters with 6 models across a price range of ₹75,000 to ₹150,000. It is now focusing on entering other 2/3W categories.
This story is from the November 10, 2024 edition of The New Indian Express.
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This story is from the November 10, 2024 edition of The New Indian Express.
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