Presenting

Ola Electric

Ola Electric is India’s leading manufacturer of electric vehicles (EVs).

Ola Electric is India’s leading manufacturer of electric vehicles (EVs). Ola Electric aims to move the world to sustainable mobility advanced electric vehicles manufactured at its Futurefactory, the largest, most advanced, and sustainable two-wheeler factory in the world.

Mobility / Transportation

Technology

Automotive

WEBSITE

https://olaelectric.com/

HEADQUARTERS

Bangalore, Karnataka, , India

COMPANY SIZE

501 to 1000

FOUNDED

26th May 2017

Stories

Stories about Ola Electric

Ola Electric raises $50M in debt from EvolutionX ahead of IPO

Aparajita Saxena

Ola Electric to install 10,000 fast chargers by April, offer battery warranty for 8 years

Aparajita Saxena

Ola Electric gets domestic value addition certificate under auto PLI

Press Trust of India

Bhavish Aggarwal says Ola Electric's new hub to employ 25,000 workforce: Report

Bhuvana Kamath

Awards

Awards and Recognitions

50 Disruptive Startups of India - 2019

A YourStory list of startups in 2019 with groundbreaking ideas that are creating a deep impact.

Ola Electric has an ambitious target in mind to deploy a million electric vehicles (EV) by 2021, with around 10,000 of them by end-2019 itself. Ola Electric is also building the charging infrastructure and swappable battery for these vehicles. In March this year, Hyundai Motor and Kia Motor announced an investment of $300 million in Ola with focus on electric vehicles. As part of this partnership, Hyundai, Ola, and Kia will develop unique fleets and different mobility solutions.