Ola Futurefactory is going to be the world's largest EV ecosystem at a single site."According to a report by HT Auto, Bhavish Aggarwal could make major announcements related to Ola Electric, Ola Cabs and his AI platform Krutrim at Sankalp 2024. Announcements about Ola's upcoming electric bike and the company's new venture, Ola Maps, are also likely.The Ola Bike was previously confirmed to arrive in the second half of 2025, and Aggarwal had recently shared a teaser for it in an X post.
The bike is expected to feature made-in-India in-house batteries and have a range of around 200km.Ola Electric may also make announcements related to its Gigafactory for battery cell manufacturing during the event. The event will be held at Ola's FutureFactory in Krishnagiri, Tamil Nadu, and will witness the company's customers and stakeholders in attendance.Notably, Ola Electric launched its initial public offering (IPO) on August 2, which will close on August 6.
According to BSE data, the Ola Electric IPO received 35 per cent subscription on the first day of the offer. Milestone Alert!
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