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SoftBank-backed Ola Electric wants to launch a made-in-India EV in 2024

SoftBank-backed Ola Electric wants to launch a made-in-India EV in 2024

Ola CEO Bhavish Aggarwal appears on screen during a presentation in August 15, 2021. The company’s EV-arm, Ola Electric, plans to launch an electric car in 2024.

Samyukta Lakshmi | Bloomberg | Getty Images

The CEO of Ola Electric said Monday his firm would launch an all-electric vehicle that can go from 0 to 100 kilometers per hour (just over 62 mph) in four seconds, as the race to gain a foothold in India’s fledgling EV sector intensifies.

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