Ola Electric rolls out range of e-bikes; announces quick commerce foray
Ola group of companies made a slew of product announcements, including electric bikes, quick commerce dark stores and computing chips, during their annual event “Sankalp” on Thursday.
Listed electric scooter maker Ola Electric announced its first-ever range of electric motorcycles, called the Roadster. The Roadster has been launched in three different variations — Roadster Pro, Roadster and Roadster X — at introductory prices of between Rs 74,999 to Rs 2,49,999. All three models are open for registration.
The cheaper Roadster X and Roadster models, with battery power ranging between 2.5 KwH (kilowatt hour) and 6 Kwh, will begin deliveries in the final quarter of the fiscal year 2025. The premium Roadster Pro, with 8 KwH and 16 KwH variants, will be available from Diwali 2025, i.e. around November 2025, founder Bhavish Aggarwal said.
“65% of the overall two-wheeler market is motorbikes, and though electric penetration in the scooter category has already reached 21%, in the bike category it is still at 1%… it naturally makes sense for us to disrupt bikes next,” Aggarwal said.
The vehicles will compete with the likes of TVS Motor-backed Ultraviolette Automotive, which is looking to scale sales up to 5,000-6,000 vehicles by the end of FY25 and is set to begin sales of its flagship F77 range of bikes in European markets, ET had reported in April.
Quick commerce foray
Ola Electric’s sister firm, Ola Cabs, on Thursday rebranded itself as Ola Consumer to expand its services beyond ride-hailing. The firm also launched
