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Ola Electric Set to Reveal New 3 Wheeler Model This Year: Sources

By | Published Date : September 06, 2024


Ola Electric will unveil a new electric three-wheeler model later this year. Sources close to the company have revealed that this upcoming model will be priced lower than Bajaj Auto’s electric 3 wheeler.

Ola Electric Set to Reveal New 3-Wheeler Model This Year: Sources

Ola Electric's Upcoming "Raahi" 3 Wheeler Promises Unprecedented Features and Space: Industry Insights

The new 3 wheeler, tentatively named “Raahi” (which means traveler), will stand out in the market with features that have not been seen in other electric 3 wheelers. It is designed to offer more space and greater convenience compared to its competitors. Although Ola Electric has not officially confirmed these details, industry insiders are excited about the potential impact of the new model.

Ola EV's New 3 Wheeler Aims to Rival Bajaj RE, Mahindra Treo, and Piaggio Ape e-city with Minimalist Design and Practical Features

The Ola EV wheeler is expected to compete with well-established models like the Bajaj RE, Mahindra Treo, and Piaggio Ape e-city. Images of the vehicle show a minimalist design focused on maximizing space and practicality. The front of the vehicle features square headlights, a large windshield, and side mirrors mounted on the A-pillars. It also includes cabin doors, which enhance convenience for passengers.

In addition to the passenger version, Ola Electric will reportedly offer a goods carrier variant. This commercial version will include a large loading bay that can be customized to meet various business needs. This versatility is expected to attract a wide range of customers.

On September 5, Bhavish Aggarwal, MD and Chairman of Ola Electric hinted that the company aims to bring the new 3 wheeler to the market soon. He mentioned that three-wheelers have always been a part of Ola Electric’s plans. The technology and manufacturing expertise developed for their two-wheelers will be applied to the three-wheeler, enhancing its performance and efficiency.

The introduction of this 3 wheeler could significantly impact Ola Electric’s profitability. The company’s integration of battery cells, motors, and software, combined with the high margins in the three-wheeler segment, is expected to drive growth.

How Ola Electric’s 3 Wheeler Could Boost the Company's Profits 

Ola Electric’s new 3 wheeler could significantly boost the company's profits. The vehicle will be priced lower than Bajaj Auto’s electric three-wheeler, making it more affordable for buyers. It will come with unique features like extra space and convenience, setting it apart from competitors. The three-wheeler will include both a passenger version and a goods carrier, attracting a wide range of customers. By integrating their expertise in battery cells, motors, and software, Ola Electric can keep costs low and improve margins. This new model is expected to enhance the company’s profitability by tapping into a profitable market segment and leveraging their existing technology.

Exclusive: Ola's New 3 Wheeler to Include Passenger and Goods Carrier Versions

Ola Electric is set to introduce a new three-wheeler that will cater to both passengers' and commercial needs. The upcoming model will feature two versions: one designed for transporting people and another tailored as a goods carrier. This dual approach aims to broaden the vehicle’s appeal and functionality.

The passenger version will focus on comfort and space, while the goods carrier will offer a spacious loading area customizable for various business requirements. This strategy not only meets diverse market needs but also positions Ola’s new three-wheeler as a versatile option in the electric vehicle segment.

Design Insights: Ola Electric’s Minimalist Approach for New Three-Wheeler

Ola Electric’s new 3 wheeler is embracing a minimalist design to enhance both space and functionality. The vehicle’s front features square headlights and a large windshield, which contribute to a sleek and modern look. Side mirrors are mounted on the A-pillars, optimizing visibility without cluttering the design.
Inside, the focus on simplicity aims to maximize passenger comfort and usability. The cabin includes functional doors for easy access and added convenience. This minimalist approach not only improves the vehicle’s aesthetic appeal but also ensures practical use, making the Ola three-wheeler a standout choice in the electric vehicle market.

Summary

Ola Electric is set to unveil a new electric three-wheeler, tentatively named “Raahi,” later this year, with a price expected to be lower than Bajaj Auto’s model. The three-wheeler will feature a minimalist design focused on maximizing space and convenience, including square headlights, a large windshield, and side mirrors on the A-pillars. It will come in both passenger and goods carrier versions, with the commercial variant offering a customizable loading bay. Bhavish Aggarwal, MD and Chairman of Ola Electric, hinted at a near-term launch. The new model is anticipated to boost profitability through competitive pricing and advanced technology.