Ola Electric is all set to establish the world’s largest electric two-wheeler Hypercharger network after the Ola Scooters. As per the plan, the Hypercharger network will have more than 1,00,000 charge points in 400 cities and by end of this year, 5,000 charging points across 100 cities are expected to be fully functional.
Bhavish Aggarwal, Chairman and Group CEO of Ola said that A strong charging network can fill the gap in the infrastructure of India and it will bring more people to adopt EV's in their life. Ola CEO is positive that, "building the world’s largest and strongest 2-wheeler charging network has the potential to accelerate the customers to obtain electric vehicles more”. Bhavish added that this new initiative of electric two-wheeler Hypercharger network will rapidly push the industry forward.
Inspired by Tesla, where their supercharger network can only be used by Tesla cars, the hyper charging network developed by Ola will be only compatible with Ola scooters. “It's a planned strategic move”, mentions Mr Aggarwal about this exclusivity. Adding further he said that the strategy is to control the ecosystems, the vehicle, and the charging infrastructure. Ola is looking forward to providing an experience to its buyers.
Investing a whopping amount of ₹200 CR over 5 years Ola has a plan to build auto-multilevel charging points and parking systems across multiple cities. The standalone chargers will be installed in popular locations across the country, which will include major IT Parks, Shopping Malls etc. The Ola Scooter with a range of 75 km can be charged 50 per cent in just 18 minutes.
The first phase of the Ola Future Factory at Tamilnadu with an area of 500 acres is getting functional and Ola Scooter is expected to be launched in the upcoming months. Ola Electric invested ₹2400 Crores in their Future Factory.
