Ola Electric strategically expanded its technological portfolio by acquiring Etergo, gaining access to crucial electric vehicle technology, including the innovative swappable battery technology.
Etergo Acquisition (2020)
Ola Electric forged a crucial partnership with Siemens to create a state-of-the-art electric vehicle manufacturing facility in Tamil Nadu. With an annual production capacity of two million electric vehicles.
Siemens Partnership
The company’s electric scooter lineup includes three models, Ola S1 Pro, Ola S1 Air, and Ola S1X, along with the X+ variant. Notably, the S1X variant offers flexibility with 2kWh and 3kWh battery pack options.