Business news : OLA’s big preparations before IPO launch! Now Ola will bring e-rickshaw

The country’s leading electric two-wheeler manufacturer OLA Electric had recently announced that it is going to launch its IPO. Before this, the company is also planning to enter new segments by expanding its vehicle portfolio. If media reports are to be believed, OLA is now preparing to launch an electric three-wheeler i.e. auto-rickshaw. The company has also finalized the name of its three-wheeler electric vehicle.

In the ET report, quoting people associated with this matter, it has been said that this electric auto rickshaw of OLA has been named Raahi, which can be launched in the coming months. After coming into the market, this electric three-wheeler will mainly compete with models like Mahindra Treo, Piaggio Ape and Bajaj RE. The company has been working on this plan for the last few years.