Ola Electric Mobility, the electric vehicle unit of ride hailing unicorn Ola Cabs, has announced that it will set up charging networks to support its electric two wheelers.
The Ola Hypercharger Network, which is currently in the deployment phase, is a combination of high-speed hyperchargers and home chargers. The network, it said, will be bundled with Ola Scooter.
Ola aims to deploy more than 1,00,000 charging points across 400 cities in the next five years. In the first year alone, it looks to set up over 5,000 charging points across 100 cities in India, more than double the number of existing charging infrastructure in the country.
The hypercharger network, which Ola Electric claims is the fastest in the two-wheeler charger category, will be able to charge 50% of the battery in just 18 minutes for a 75 km range.
Ola Hyperchargers will be installed in city centers and dense business districts as standalone towers, and in high footfall areas such as malls, IT parks, office complexes and cafes.
“Electric is the future of mobility and we are reimagining the entire user experience of owning an electric vehicle. Our plans to build a comprehensive charging network is a key piece of this. By creating the world’s largest and densest 2-wheeler charging network, we will dramatically accelerate the customer adoption of electric vehicles and rapidly move the industry to electric.” Bhavish Aggarwal, chairman and group CEO of Ola, said,
Customers use the Ola Electric app to monitor the charging progress in real time and to pay for the service.
Ola is set to soon launch its electric scooter, which is being manufactured at the Ola FutureFactory in Tamil Nadu. The Bengaluru based startup’s goal production capacity is 20% of the current global two-wheeler capacity.
Ola had in January 2021 partnered with German automation company Siemens to build the Tamil Nadu EV manufacturing plant.