Ola Exploring Sites for Network of Charging Stations in India & Europe

Indian ride-hailing firm, Ola is searching multiple sites to build a network of charging stations for electric two-wheelers(E-2Ws) across India and Europe.

The E-mobility driven Ola, is searching in 50 cities in India and different locations in Europe to build the global network of charging infrastructure, according to sources privy to the development. Also, over these stations, Ola’s customers can rapidly charge their E-2Ws.

One of the sources said while Ola’s E-scooters will feature a removable battery, the availability of a network of charging stations will address any concerns around charging requirements.

Earlier this month, the Bengaluru-based company had announced an MoU signed with the Tamil Nadu government to set up its first electric scooter factory in the state. With an investment of Rs. 2,400 Crores, Ola will produce approximately 10,000 jobs in the country. And, on completion, Ola will be the world’s largest scooter manufacturing facility that will initially have an annual capacity of 2 million scooters.

Ola’s factory will cater to customers not only in India but in markets around the world including Europe, Asia, Latin America, and more. The plant could also galvanize India’s electric vehicle (EV) ecosystem and establish India as a key player in the EV manufacturing space.

Speaking of which, Bhavish Aggarwal, Chairman and Group CEO, Ola stated, “This will be one of the most advanced manufacturing facilities in the world. This factory will showcase India’s skill and talent to produce world-class products that will cater to global markets.”

Consequently, the Company plans to bring many new design and software innovations to its entire product line of two-wheelers as they come to market in the coming months. Also, Ola had also announced the appointment of Julien Geffard as the Director of Go-To-Market Strategy for its electric business in Europe, to bring the first of its range of electric scooters to Europe in the coming months.

Earlier in May, Ola Electric announced the acquisition of Amsterdam-based Etergo BV for an undisclosed amount to bolster its engineering and design capabilities in the electric vehicle (EV) space. It had also announced plans to hire over 2,000 people for its electric business.