Vehicle manufacturer Ola Electric has announced it has announced its presence in the global and local electric two-wheeler markets. The company will soon launch an electric scooter in the Indian market. To pursue this project, Ola Electric has acquired an Amsterdam-based company named Etergo BV, which is engaged in the manufacture of electric tricycles. Etergo is a fairly new company, founded in 2014 and one of its biggest successes was Appscooter. The scooter has won numerous awards worldwide for innovative design and engineering. The Appscooter has a range of 240 km on a single charge and has a high energy density battery. 

In his statement, Founder and Chairman of Ola Electric, Bhavesh Agarwal said, "The future of mobility is electric and after Covid the world presents an opportunity for us to adopt electric mobility globally. Compared to cars every year Almost two-wheeler vehicles are sold around the world. With electric, digitally-connected capabilities, two-wheeler vehicles will emerge as the most preferred urban mobility model worldwide. We will make the consumer better. We hope to build the best global capabilities in engineering, design and manufacturing. "

Ola is working on creating an electric vehicle ecosystem which includes extensive charging and swapping networks across the country. It is true that Ola is running a number of pilot programs to deploy electric vehicles and charging solutions in cities, with a focus on two and 3 wheeler vehicles.

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