Ola Electric is expected to launch its first electric car in India on August 15. Founder and CEO Bhavish Aggarwal took to Twitter to tease a new product launch on the country’s 75th Independence Day. While he did not reveal the name of the product, it is likely that the company may bring its first electric car in the country on August 15. Ola Electric has been teasing its four-wheeler electric car for a while now.
At the event, the company will also announce its ‘big’ future plans. “Excited to announce a new product this August 15th! Will share more about our big future plans!!”, Bhavis Agarwal wrote on Twitter. In the tweet, Agarwal said that the launch event will be livestreamed online. The broadcast watch time and link will be shared soon.
This is not the first time that Ola Electric has given a glimpse of its upcoming electric four-wheeler. In June this year, the company teased the device for the first time during the Ola Customer Day at the Ola Future Factory. Ola Electric shared a similar teaser video showing sleek LED DRLs with red hues. The video gives a glimpse of both the front and rear design of the car with the Ola logo.
Ola’s first electric car could be a low-slung, wide car with a coupe-like roofline Touted to be the ‘sportiest car ever’, the upcoming car is rumored to be a 4-door sedan with a long battery pack.
Ola Electric is reportedly looking to acquire a 1,000 acres of land for its EV four-wheeler factory. This is almost double its current FutureFactory where it builds S1 Pro electric scooters. The company currently retails two electric scooters in India – Ola S1 and Ola S1 Pro.