Ola Electrical will start supply of its Gen 3 platform-based electrical scooters by January 2025 as an alternative of by mid-March to April 2025, the beforehand anticipated timeframe.
- New motor structure guarantees extra torque
- Gen 3 platform will usher in new S2, S3 fashions
- S3 may have maxi-scooters, premium choices
Gen 3 Ola Electrical platform: particulars
With electrical two-wheeler adoption rising to 21.4 p.c in September 2024 from 16.1 p.c in June 2024, notably for Rs 1 lakh mass market scooters in Uttar Pradesh, Rajasthan, Karnataka, and Maharashtra, Ola is dashing up the introduction of latest fashions to cater. to each mass and premium class clients.
In a regulatory submitting following the Q2FY25 outcomes investor name, Ola Electrical mentioned that it’s going to start delivering S1 Gen 3 merchandise forward of schedule in January subsequent 12 months.
Ola had beforehand mentioned that as a part of its Gen 3 structure, it’ll introduce 5 extra scooters, increasing its vary past the present S1 sequence with the introduction of two new sub-brands, S2 and S3.
The S2 model will introduce three fashions: a Metropolis mannequin for city commuting, a Tourer for longer distances, and a sports activities mannequin for efficiency fanatics. The S3 sub-brand plans to focus on the premium phase with two maxi-scooters, the Grand Journey and Grand Tourer, which is able to prioritize luxurious and excessive efficiency.
The Gen 3 mannequin would come with an built-in battery, magnetless motor, and electronics throughout the chassis, Ola additionally mentioned. When in comparison with earlier fashions, this novel design is predicted to enhance efficiency by 26 p.c and scale back prices by greater than 20 p.c.
Magnetless motors use magnetised electrical coils as an alternative of everlasting magnets, leading to better torque. In response to a senior firm official, the Gen 3 platform, which is a part of Ola’s vertical integration technique, is predicted to be scalable and can use 4860 lithium-ion cells manufactured in its Gigafactory in Tamil Nadu by the primary quarter of FY26.
Ola Electrical has a share of round 30 p.c within the electrical two-wheeler market, and plans to increase its distribution community to 2,000 shops by March 2025, up from 782 at the moment.
The corporate additional plans to increase its product providing with the Roadster sequence of electrical bikes, with deliveries starting in Q4FY2025.
Ola additionally intends to introduce 20 new merchandise, with a minimum of one new product being launched quarterly, it mentioned in a regulatory submitting. Ola’s electrical scooters at the moment begin from Rs 75,000 (ex-showroom, India).
The corporate additionally admitted to having capability points at its service facilities as a consequence of a lag between service capability progress. It added that it has cleared nearly all of the backlog, with roughly 80 p.c of service requests now dealt with “inside a single day.”
To enhance service supply, the corporate launched the ‘Community Associate Programme’ in September, which now has over 1,000 companions. By the tip of 2025, Ola Electrical intends to increase its community to 10,000 gross sales and repair companions.
“The Community Associate Program will improve the advantages of our direct-to-consumer (D2C) community, thereby rising EV penetration in India. It requires low capital funding from companions and may be quickly scaled,” an official from the corporate famous.
Additionally See: Ola retains market lead in October EV gross sales
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