Automotive
Ola Electric raises $200 million at $5 billion valuation
24 Jan 2022
Ola Electric, which operates in the premium high-speed
scooter space, has played its strategy right in terms of building its R&D,
manufacturing capabilities, infrastructure suite as well as sales and after
sales services, says Suman Jagdev, Partner, Automotive, at Praxis Global
Alliance.
“When it comes to R&D, Ola’s product has positive
attributes. Ola’s scooters are ones with the highest range on a single charge,”
says Jagdev. Besides, the company has also been able to put in place a rich
bouquet of product features like seamless app connectivity, touch screen
dashboard, voice control command and navigation.
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