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Price hikes in electric scooter models? 'Unlikely', says Ola Electric

The government has extended the earlier October 1 deadline for the implementation of new battery testing norms for electric vehicles (EVs)

Fundraise of $200 mn triples Ola Electric valuation to $3 billion

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'The inventory problem is for internal combustion engine vehicles and not for EVs. In EVs, no one keeps a large inventory of battery packs. Their cell performance deteriorates after 180 days'

Surajeet Das Gupta New Delhi

3 min read Last Updated : Sep 29 2022 | 11:23 PM IST

Ola Electric has ruled out any increase in the price of its electric scooter (e-scooter) models because of implementaion of the new more stiffer saftey norms for electric vehicles. It called such a move ‘unlikely’.

The government has extended the earlier October 1 deadline for the implementation of new battery testing norms for electric vehicles (EVs).

OLA IS IN variance with some EV and lithium ion (Li-ion) battery makers who have said this could lead to an increase in costs by 10 per cent or more.

Arun Kumar GR , chief financial officer, Ola said: “There will hardly be any

Topics : Ola electric vehicles lithium ion Electric Vehicles Electric vehicles in India Ola Electric Mobility Government Electric vehicles sales Lithium battery Electric car battery

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