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Ola Electric to launch self-driving electric car within two years: CEO Bhavish Aggarwal

The Ola CEO said the company will aim to launch a car for around Rs 10 lakh so that more people can afford it.

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Ola Electric has started testing an autonomous vehicle which it will launch in the global market in about two years` time, Ola Founder and CEO Bhavish Aggarwal said on Saturday, April 23.

Speaking to reporters at Ola FutureFactory in Krishnagiri district in Tamil Nadu, Aggarwal said that Ola will look forward to launching a car with indigenously-developed autonomous technology that will be a mass-level vehicle.

"Ola Electric began testing an autonomous vehicle nearly six months ago and will launch it in global markets by late 2023 or early 2024," he said.

READ | EV fire: Ola recalls over 1,400 electric scooters

He further stated that Ola Electric will aim to launch a car for around Rs 10 lakh so that more people can afford it.

At its 500-acre electric two-wheeler manufacturing facility at Pochampalli town in Tamil Nadu, the company also showcased a self-driving cart that uses LiDAR, short for light detection and ranging technology, which will be exported to other countries.

The cart can be used in hospitals, malls, offices and public places. Aggarwal added that Ola Electric is also planning to launch a lower-priced Ola S1 scooter later this year.

READ | Tesla CEO acquisition bid: Twitter begins negotiations with Elon Musk

Meanwhile, the company announced Sunday that it is recalling 1,441 units of its electric two-wheelers in wake of recent fires in electric scooters.

(With agency inputs)

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