OLA is now a huge recognition and no introduction required. Ola plans to go public in the next few years. It will launch an IPO in the Indian Share Market, confirmed by the CEO and founder of OLA company “Bhavesh Aggarwal”.
Valuation of OLA is now over $6 Billion. Ola Electric has got secured funding from SoftBank, Tiger Global Management, Hyundai, and Kia
Click here to know the insights How Ola started and the Idea behind the start of OLA company
Bhavesh Aggarwal once said, “Focus of the firm has always been on building sustainable, self-sufficient, profitable and long-term institutions”.
Future Plans of Ola 2021
Ola wants to make a revolution in the Electric Vehicle industry. So they created Ola Electric, has started building a huge factory that spreads over 500 acres, and manufactures the two-wheelers. This huge industrial space has the capacity to generate 10 Million Electric two-wheelers in one year (Around 15 percent of the world’s e-scooters). The fully automated factory is building in the Hosur City of Krishnagiri located in Tamil Nadu.
In Ola’s Factory, more than 3,000 robots working along with 10,000 workers will work. The factory’s roof will be covered with solar panels.
Aggarwal’s pride is evident (Graduated from the Indian Institute of Technology), he said that he designed the automated storage, retrieval, and delivery system for the electric scooters and achieve a patent for it.
Ola is creating the largest 2-wheeler charging network in the world, will be able to attract the customer adoption of electric vehicles and rapidly move the industry to electric which is the future of the Automobile Industry.”
With the production of Two-wheeler Electric vehicles, OLA is ready to build 1 Lakh two-wheeler charging points all over INDIA. Bhavesh Aggarwal said “Ola Electric won’t share its charging network with any other electric vehicle players”. This facility only will available for the Ola Electric customers.
Bhavish Aggarwal, chairman and group CEO, said, “Electric is the future of mobility and we are reimagining the entire user experience of owning an electric vehicle. Our plans to build a comprehensive charging network is a key piece of this.”
OLA Airpro (Unique & Revolutionary Future Plan)
OLA is also working on FLYING CARS. It sounds impossible to fly a car but OLA is working on this since 2014. And now OLA is ready to share all the insights related to OLA AIR.
Testing of the flights is started you can share your EMAIL IDS with the website olaairpro.com and BOOK your test flight today. To know more about OLA Air visit olaairpro.com. Ola future plans are amazing and it will definitely give an impact on the world market
Ola is India’s largest mobility platform and one of the world’s largest companies. It is serving 250+ cities across India
Ola is already expanded their business to many countries. In January 2018, Ola first started its operations abroad which is in Australia. Then starts its operations in New Zealand in September 2018.
After gets success in these two places, OLA began its UK operations introducing auto-rickshaws in the UK in March 2019. In February 2020, Ola launched its taxi services with over 25,000 drivers registered.
Ola is consistently focusing on enter into multiple new markets.
Ola’s core mobility offering in India is supplemented by its electric-vehicle arm, Ola Electric; India’s largest fleet management business, Ola Fleet Technologies and Ola Skilling, that aims to enable millions of livelihood opportunities for India’s youth. With its acquisition of Ridlr, India’s leading public transportation app and investment in Vogo, a dockless scooter sharing solution, Ola is looking to build mobility for the next billion Indians. Ola also extends its consumer offerings like micro-insurance and credit led payments through Ola Financial Services and a range of owned food brands through India’s largest network of kitchens under its Food business
Source – Ola About US
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