Ola Electric Mobility Private Limited plans to build a national charging network for its electric scooters, which are scheduled to start rolling out from its massive Bangalore factory this summer.
The Ola Hypercharger Network, with 100,000 high-speed charging points in over 400 Indian cities, will be the world's largest and densest two-wheeler charging system, according to Ola. In the first year, the company expects to open 5,000 points in 100 cities, more than double the country's current infrastructure. With its scooters, it will also include a home-charging kit.
The world's largest e-scooter factory will produce an electric vehicle every two seconds.
To accelerate electric vehicle adoption, which has lagged far behind China, adequate charging infrastructure is critical. If Ola Electric wants to sell the 10 million vehicles it plans to produce annually in its Bangalore e-scooter factory, which is the world's largest, it will have to reduce consumer confusion about cost, driving range, and charging point availability.
The startup, backed by SoftBank Group Corp. and Tiger Global Management, claims that its device will recharge an electric scooter battery to 50% charge in 18 minutes, allowing for a 75-kilometer trip (47 miles). The chargers will be placed in crowded areas such as city centres, business districts, office buildings, and other densely populated areas. According to the company, customers will be able to pay and track charging progress through an app, which will be developed in partnership with partners.
In a tweet, Ola co-founder and CEO Bhavish Aggarwal said, "We are re-imagining the whole user experience of owning an electric vehicle." “By constructing the world's biggest and densest two-wheeler charging network, we will massively improve customer acceptance of electric vehicles.”
Ola has confirmed that its scooters would be priced “aggressively” to appeal to Indian buyers. In addition, the company plans to sell to other nations.
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