
CEO of Ola Electric has posted a sneak peek of the upcoming electric motorcycle being tested
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CEO of Ola Electric has posted a sneak peek of the upcoming electric motorcycle being tested
Bhavish Aggarwal, CEO of Ola Electric took to X (formerly Twitter) to show off its upcoming product in action. Recently there was news of this upcoming product launch to take place on August 15 and this teaser of it being in action solidifies that Ola is definitely coming with a product unveil soon. Have a look at the video that was shared.
Taking a test ride đ pic.twitter.com/sZS5Pvx1VH
— Bhavish Aggarwal (@bhash) July 28, 2024
From the looks of it, not much has been revealed in this video. The Ola electric motorcycle is seen ascending a slope at a moderate speed. The headlight is slightly lower than the rider's seating point. The bike features a single-piece handlebar setup, and the footpegs are at a decent height. These observations lead to the speculation that this could be a commuter bike with a slightly leaned-forward riding posture.
The tweet reads, "Taking a test ride," suggesting that the product is ready to be unveiled. With more than a fortnight remaining before the expected launch, we can expect more teasers to emerge soon. Previously, we had seen five patent images that gave us a fair idea about the upcoming Ola motorcycles, but still, there's nothing in this video that allows us to narrow it down to one particular of them.
Also read: Ola Electricâs IPO Likely To Hit On August 2, More Details On July 29
Ola's first electric motorcycle is designed with the daily commuter in mind. The bike's simple frame houses the battery and motor, with a conveniently located charging port. Power will be transmitted to the rear wheel via a chain as opposed to the belt drive system seen in the Ola S1 Pro. At the same time, the high mid-set footpegs and anticipated accessible seat height promise a comfortable riding experience for a wide range of riders. Although details are limited, the overall design hints at a practical and user-friendly electric motorcycle tailored for urban commuting.
Also read: IPO-Bound Ola Electricâs Revenue Cross âš 5,000 Crores, Losses Increase
Ola Electric could keep a price band of âš 72-76 for its forthcoming initial public offering (IPO). The IPO is scheduled to launch on August 2 and conclude on August 6. With a tradition of unveiling new electric two-wheelers on Independence Day, this year's celebrations are eagerly anticipated to bring new product launches and updates. Additionally, there is growing interest in the development of Ola's cell manufacturing facility and the highly anticipated IPO, both of which are expected to garner significant attention in the upcoming weeks. The other big news was that according to reports Ola Electric has shelved the electric car project as it wants to focus in the electric two-wheeler segment.
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