Ola wanted to build 2 million electric scooters per year, but it’s hit a big problem
Ola Electric became the darling of the Indian electric scooter market when it unveiled its S1 and S1 Pro electric scooters earlier this year. The high-performance scooters boasted speeds of over 70 mph (115 km/h) yet came affordably priced at between US $1,050-$1,300.
The ambitious company built a sprawling mega-factory designed to meet the surging demand for its scooters, intending to produce 2 million electric scooters per year. But despite commencing deliveries of its electric scooters earlier this month, things haven’t quite panned out yet at the factory.
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