Bhavish Aggarwal unveils Ola electric car with 500 km range

 

New Delhi, Aug 15: Ola Founder and CEO Bhavish Aggarwal on Monday shifted gears and entered a new territory by showcasing a homegrown electric car that will arrive in the country by 2024.

 

Aggarwal said the Ola Electric car will have a 500-km range on single change and will go from zero to 100 km within 4 seconds.

 

“Designed to deliver a drag coefficient of less than 0.21, it will be the sportiest car ever built in India with an all glass roof,” said the company.

 

The car will be equipped with one of the most advanced computers in a 4W, assisted driving capabilities, keyless and handless doors among many other features etc, the company added.

 

The car will also come with Ola’s very own MoveOS software and car owners will be able to receive regular feature updates OTA through their ownership span, said the company.

 

“We believe that India needs to become the global epicentre of the EV revolution and command 25 per cent of the world’s automotive market. As we build for India, we will also be creating the EV paradigm for the rest of the world,” said Aggarwal.

 

“We missed the semiconductor, solar, electronic and other manufacturing revolutions. If we invest now, we can lead the electric cells and batteries market,” he added.

 

The car will come with an all-glass roof and assisted driving capabilities as good as any other car in the world. It will be keyless and handleless, according to Ola CEO.

 

The company also claimed to soon launch more than 100 hyperchargers across major 50 cities.

 

Ola also launched an all-new Ola S1 scooter with premium design at an introductory price of Rs 99,999. The reservations for early access of the all-new Ola S1 began for Rs 499.

–IANS

US clears Paramount-Warner Bros merger

Washington: The US Department of Justice cleared Paramount Skydance's proposed acquisition of Warner Bros. Discovery, removing a major regulatory hurdle for a deal that would reshape the global entertainment industry...

SpaceX IPO pricing lifts Elon Musk’s net worth to around $970 billion

New Delhi: Space Exploration Technologies Corp. (SpaceX) -- the Elon Musk-led rocket and satellite company -- has priced its blockbuster initial public offering (IPO), pushing Musk’s net worth to nearly...

Banks move to rein in credit loans amid surge in leveraged stock buying

Seoul: Banks are fast moving to rein in a surge in credit loans as customers have borrowed money to buy stocks, financial sources said on Friday. According to various sources,...

Centre removes excise duty on petrol with up to 30 pc ethanol blending

New Delhi: The government has exempted petrol blended with higher levels of ethanol from excise duty, including fuel variants containing 22 per cent, 25 per cent, 27 per cent and...

Crude oil prices surge up to 1 pc as US-Iran tensions escalate

New Delhi: Global crude oil prices traded higher on Wednesday, increasing by up to 1 per cent after the United States launched strikes against Iranian military targets near the Strait...

More fuel price hikes possible if oil import costs stay elevated: HSBC’s Pranjul Bhandari

New Delhi: A fair increase in fuel prices could still be on the table if global crude oil costs remain elevated and India’s import bill continues to strain oil companies,...

UPI-NPI linkage goes live for real-time cross border payments in Nepal

New Delhi: NPCI International Payments Limited (NIPL) -- the international arm of the National Payments Corporation of India (NPCI) -- on Tuesday announced the launch of a cross-border payment linkage...

Fitch keeps India’s GDP growth at 6.4 pc in FY27 amid West Asia crisis

New Delhi: Fitch Ratings has kept India’s GDP growth at 6.4 per cent for FY27, saying that the ongoing West Asia crisis and global oil situation are likely to slow...

Gautam Adani is richest in Asia with net worth at $89.2 billion: Forbes

New Delhi: Adani Group Chairman Gautam Adani’s net worth rose to $89.2 billion, ranking him ahead of Reliance Industries' Mukesh Ambani ($88 billion) and SoftBank's Masayoshi Son ($87 billion), who...

Govt prescribes standard pack sizes for edible oils to facilitate price comparison, boost transparency

New Delhi: The government on Saturday said it has amended the standard operating procedure for determination of net quantity and standard pack sizes of edible oils and fats under the...

RBI hikes equity investment limits for NRIs, OCIs

Mumbai:The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday announced that the limits for investment by NRIs and OCIs in equity instruments traded on the stock market without...

Maruti unveils India’s 1st flex-fuel WagonR capable of running on 100 pc ethanol

New Delhi: Maruti Suzuki on Thursday unveiled India’s first flex-fuel passenger car, the WagonR flex-fuel, marking a major step in the country’s shift towards alternative and cleaner fuels amid global...

Read Previous

Cloud communication firm Twilio hacked, customers’ data exposed

Read Next

Carreno-Busta mounts comeback to stun Hurkacz in Canadian Open final

WP2Social Auto Publish Powered By : XYZScripts.com