Updates from OLA Sankalp event on 15/8 2024:
EVs
- EV Platform Gen 3 launched: To cut cost per unit by around 15% compared to Gen 2 (estimate from their live event), integrates modern computing to enable next-gen AI related features in EVs when they get launched in future.
- Roadster launched: Roadster is launched across 3 variants, starting from 75K, going up to 200K for the pro version with highest kWh.
- New models revealed: Arrowhead and Sportster announced, along with previously unveiled Diamondhead and Cruiser.
With these, Ola electric looks set to capture some Motorcycle market from legacy players. But still too early to guess the market acceptance of these new models.
Ola Electric launches electric motorcycles | YourStory
Battery Cell
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Indegenous cell 4680 launched (named Bharat Cell), claims to be SOTA with among the highest Capacity and Power output.
Ola Electric unveils made in India 4680 ‘Bharat’ battery cell; CEO Bhavish Aggarwal promises ‘faster charging, more energy storage’ – BusinessToday -
Cell manufacturing capacity live at 1.5GWh, future target set at 100GWh
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Use cases: Company plans to utilise their modular cell technology to power not only automotives, but also grid scale energy storage solution. Note: Swappable battery packs also teased
This not only opens up another huge sunrise sector for them, but gives them some cost advantage on their EVs.
Apart from these, many products announced under OLA Consumer and OLA Krutrim, which could provide some synergies to OLA Electric in the long term.
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