Ola Electric is revolutionizing India’s EV market with affordable electric scooters, sustainable factories, and plans for futuristic EV cars. Learn about its journey, products, features, and future vision.
Introduction
Ola Electric has emerged as one of the most promising startups in India’s electric vehicle (EV) ecosystem. Founded as a subsidiary of Ola (the popular ride-hailing company), Ola Electric aims to accelerate the world’s transition to sustainable mobility. With the launch of its electric scooters and its vision to build electric cars and a nationwide charging infrastructure, the company has become a household name for clean and affordable mobility solutions.
This article explores Ola Electric’s journey, products, features, future plans, government support, and its role in India’s EV revolution.
Bank Holidays in October 2025 – Plan your EV charging and rides during holidays.
The Journey of Ola Electric
Ola Electric was established in 2017 by Bhavish Aggarwal, the co-founder of Ola Cabs. Initially, the focus was on battery swapping solutions for electric rickshaws. However, the company soon pivoted towards developing its own electric scooters and advanced charging infrastructure.
In 2021, Ola launched its first electric scooter — the Ola S1 — which created massive buzz in the Indian EV market. Within hours of opening pre-bookings, the company recorded over 100,000 reservations, proving the growing demand for eco-friendly mobility.
Today, Ola Electric has:
- A state-of-the-art manufacturing facility in Krishnagiri, Tamil Nadu known as the Ola Futurefactory, touted as the world’s largest two-wheeler factory.
- A mission to make EVs mainstream by offering high-performance yet affordable scooters and, in the future, cars.
Ola Electric Scooters: S1 Series
The Ola S1 series is at the heart of the company’s EV offerings. These scooters are designed with modern aesthetics, smart features, and powerful performance.
Ola S1 Air
- Affordable entry-level scooter.
- Lightweight and perfect for city commutes.
- Top speed: ~85 km/h.
- Range: ~125 km per charge.
Ola S1
- Mid-range option with balanced performance and price.
- Smart touchscreen dashboard with AI integration.
- Top speed: ~95 km/h.
- Range: ~141 km per charge.
Ola S1 Pro
- Premium model designed for performance enthusiasts.
- Top speed: ~120 km/h.
- Range: ~181 km per charge.
- Hyper Mode for extra boost.
- Fast charging: ~75 km range in 18 minutes.
These scooters are equipped with advanced features such as keyless access, reverse mode, cruise control, hill hold, and over-the-air (OTA) software updates.
Sustainability and Green Impact
One of Ola Electric’s core missions is to reduce carbon emissions and cut India’s dependency on fossil fuels. By manufacturing electric two-wheelers at scale, Ola aims to bring down the cost of EV adoption and promote eco-friendly transport.
The company’s Future factory is powered by renewable energy sources and follows a sustainable production model. Additionally, every Ola EV contributes towards reducing urban pollution, which is one of India’s biggest challenges.
Charging Infrastructure – Ola Hyper charger Network
Ola is building a massive Hypercharger network across India, with thousands of charging points planned in major cities and highways.
Features include:
- Ultra-fast charging: 50% charge in ~18 minutes.
- AI-enabled mobile app integration to find nearest stations.
- Smart billing and real-time updates.
This network will make owning an Ola EV more convenient and eliminate range anxiety among customers.
Ola Electric Cars – The Future Vision
Apart from scooters, Ola Electric has announced plans to launch electric cars by 2025. These cars are expected to come with:
- Futuristic design.
- Long range (over 500 km per charge).
- High-speed performance (0–100 km/h in less than 4 seconds for premium models).
- Advanced safety and connectivity features.
If successful, Ola’s entry into the EV car market could disrupt India’s automotive industry just like Tesla did globally.
Pricing and Affordability
Ola Electric has focused on affordability to encourage mass adoption. The scooters are priced between ₹79,999 – ₹1,39,999 (depending on model and subsidies).
Additionally, customers can benefit from:
- FAME-II subsidy provided by the Government of India.
- State-level incentives (such as in Maharashtra, Gujarat, and Delhi).
- Easy EMI financing options.
This makes Ola scooters accessible to a wide range of customers, including students, office-goers, and small business owners.
Ola Futurefactory – World’s Largest EV Plant
The Ola Futurefactory, located in Krishnagiri, Tamil Nadu, is spread across 500 acres. It is:
- Fully automated with 3,000+ robots.
- Designed to produce 10 million scooters per year at full capacity.
- Built with a goal of being carbon-negative in the coming years.
This mega-factory is not just about production but also about creating thousands of jobs and boosting India’s “Make in India” mission.
Market Impact and Competition
Ola Electric is competing with brands like Ather Energy, TVS, Hero Electric, and Bajaj Chetak. However, Ola’s aggressive pricing, marketing, and innovative features have made it a front-runner in India’s EV race.
According to industry experts, India’s EV market is expected to grow at a CAGR of 44% by 2030, and Ola Electric is positioned to be a major player.
Government Support
The Indian government has been supportive of the EV industry with initiatives like:
- FAME-II Subsidy (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles).
- GST reduction on EVs from 12% to 5%.
- Income tax benefits on EV loan interest.
These schemes have directly helped Ola Electric attract customers and expand its reach.
Conclusion
Ola Electric is not just a company; it is a movement towards sustainable mobility in India. With its innovative products, large-scale production capacity, nationwide charging network, and ambitious car plans, Ola Electric is redefining how Indians commute.
If Ola continues on this path, it could become a global EV leader and contribute significantly to India’s goal of achieving net zero emissions by 2070.