Electric scooter leader Ola says on track for first car in 2024

According to the Chief Financial Officer G.R. Arun Kumar, Ola Electric Mobility Pvt. which is a  electric-scooter maker company is in a way to provide its first ever four-wheeler vehicle in the mid of 2024.

“The manufacturer and ride-hailing company is concentrating on modern stages of design and benefiting from the sharing of some technology installed in its two-wheeler products”, Kumar said in an interview in Bengaluru on Wednesday.

“Software, safety systems, electronics, cells, the drive train — a lot of it is common,” Kumar said on the sidelines of the India Energy Week forum. “We think we’re 30%-40% there.”