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SoftBank-backed Ola Electric wants to launch India-built EV in 2024

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Ola CEO Bhavish Aggarwal appears on screen during a presentation in August 15, 2021. The company’s EV-arm, Ola Electric, plans to launch an electric car in 2024.

Samyukta Lakshmi | Bloomberg | Getty Images

The CEO of Ola Electric said Monday his firm would launch an all-electric vehicle that can go from 0 to 100 kilometers per hour (just over 62 mph) in four seconds, as the race to gain a foothold in India’s fledgling EV sector intensifies.

In a video presentation, Bhavish Aggarwal offered up a number of details about the Indian-built vehicle.

It would, he said, have a range of over 500 kilometers per charge (around 310 miles), an all-glass roof, and assisted driving capability. The EV would…



Source cnbc.com

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