Ola Electric announces production of electric cars in India in 2024

"This is the most ambitious car project ever undertaken in India," Ola Chief Executive Bhavish Aggarwal said while announcing the plans at a virtual event coinciding with India's Independence Day.

Indian entrepreneur and co-founder of Ola Cabs and Ola Electric Bhavish Aggarwal on Monday said that the company will produce electric cars in India in 2024 with a range of up to 500 km (310 miles).

"This is the most ambitious car project ever undertaken in India," reported Reuters citing Aggarwal.

The announcement was made at a virtual event coinciding with India's 76th Independence Day.


Earlier in the day, Aggarwal had tweeted about making an announcement generating curiosity among netizens.


(With inputs from agencies)
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