Ola Electric to set up 1 lakh EV chargers over next 5 years

Ola Electric is calling its charging network, the” Hypercharger Network”. 5,000 of the chargers will be set up in FY2021-22.

Ola Electric has announced that it plans to set up 1,00,000 electric vehicle chargers in India over the next five years. The announcement comes ahead of its plans to launch an electric two-wheeler later this year. The company plans to set up a few hundred chargers before the launch of the scooter.

Ola Electric is calling its charging network, the” Hypercharger Network”. It will be set up across 400 cities. 5,000 of the chargers will be set up in FY2021-22. Hyperchargers will come in two types - vertical tower-based chargers and standalone chargers. These will be put up at malls, IT parks, cafes and similar public spaces. Ola customers have to simply arrive at a charging location and plug their scooter into the charging point. Customers can easily monitor the charging progress in real time on the Ola Electric app. The same app can be used to seamlessly pay for the charging as well.

The company claims that a Hypercharger is capable of charging the batteries of its electric scooter from 0-50% in 18 minutes. This is enough to give the scooter an additional 75 km of range. A full charge takes less than an hour. The company claims, that the Hypercharger network will be the largest electric two-wheeler charging network in the world.

The Ola scooter will be manufactured at the Ola Futurefactory, which is being built in Tamil Nadu. The scooter will be launched in the coming months.

Besides Hyperchargers, customers will be able to charge their Ola Electric scooters at their homes with a charger that will come with the vehicle.