Ola has expanded the last installment date of Ola electric bikes Ola S1 and S1 Pro to begin from November 10 alongside test rides.
Prior, the organization has said that the conveyance of the electric bikes will be toward the finish of October, and the last installment of S1 and S1 pro should begin from October 18. Presently the last installments will begin after the clients have stepped through the test ride, which is beginning from November 10.
Ola Electric has said in an assertion, “test rides start November 10 and most clients lean toward a test ride prior to paying the balance amount. We’ve adjusted the rest of to the beginning of test rides so you can test ride whenever the timing is ideal and afterward pay the balance. Be certain, this will no affect conveyance.”
Purchase window
Subsequent to stepping through the test ride, the customers will likewise have the choice to concede their buy by informing Ola. Prior, Ola Electric additionally needed to defer the kickoff of its buy window by seven days because of a site misfire.
Ola professes to have sold more than $150 million worth of electric bikes in the range of two days of opening the buy window. While the buy window is currently shut, the bookings for Ola S1 and S1 Pro stay open with the organization site.
Ola had before said that they will return the purchase window on November 1, 2021, around Diwali.
Fund raising
In September, Ola Electric raised more than $200 million from Falcon Edge, Softbank and others financial backers, at a valuation of $3 billion. Ola Electric has resolved to utilize 10,000 ladies at the organization’s assembling office Ola Futurefactory and make it totally ladies run.
Futurefactory
Located in Hosur, Tamil Nadu, Ola Futurefactory is a 500-acre manufacturing unit set up for the production of Ola’s two wheeler EVs. The manufacturing facility is said to have the capacity to produce 10 million electric scooters per year.
Along with the manufacturing plans, Ola Electric also has plans to set up a charging network called Ola Hypercharger Network. The company claims to set up more than 100,000 charging points across 400 cities.
However, these charging points would only be accessible to Ola e-scooters. Led by the rise in fuel prices and revised FAME II incentives, two-wheeler EV companies have recorded tremendous growth this year.
