Ola Electric To Launch Commercial Vehicles Soon

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Ola Electric To Launch Commercial Vehicles Soon
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Bhavesh Aggarwal, CEO of Ola Electric, said that Ola Electric will launch commercial vehicles in addition to electric two-wheelers.

“From the beginning our main goal from two-wheelers to four-wheelers segments. He said that Ola will soon announce additional news on electric vehicles.

He said, “We depend on our technology and use it across all products. In the next few months, you will see the power of our technology platform as more products are announced in a much quicker succession”.

According to the CEO of the company, all profits from the two-wheeler segment will be invested and the company will reinvest these profits in newer products.

We don’t spend our money on advertising, and you won’t see our sponsors in the Indian team. We spend about 90% of our money in R&D. This money will soon outperform all other competitors, and it will continue to compound year after year.

Our new plan for battery cell manufacturing is being developed. We have made investments. We have the highest number of battery cells in the nation. The company might consider selling its cells to Original Equipment Manufacturers because of the high demand.

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He said that the company plans to launch new products in the next year outside of India, such as Europe and America. We have already distributed products outside India. We aim to make Ola one of the most important EV companies in the world.

“For a long time, we have seen Japanese companies such as Toyota, Hyundai, Yamaha, and many others dominate the two-wheelers ICE market. They are not far behind in the EV market. Electric vehicles are becoming more popular around the world. “We don’t want this chance to graph it,” Bhavesh Aggarwal stated.

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