Get ready for a seismic shift in India's electric vehicle (EV) landscape as OLA Electric the leading electric two-wheeler manufacturer gears up for its highly anticipated IPO (Initial Public Offering). But that's not all – OLA has a surprise in store: the unveiling of a groundbreaking electric autorickshaw named Raahi.

With this strategic move OLA Electric is poised to enter the electric three-wheeler segment setting the stage for an exhilarating competition against established players like Mahindra Bajaj and Piaggio. The introduction of Raahi marks OLA's strategic maneuver to capture a significant share of the burgeoning electric three-wheeler market.

Reports indicate that OLA's Raahi is set to make its debut in the market in the near future. This well-planned entry positions OLA to directly challenge established players such as Mahindra Treo Piaggio Ape e-city and Bajaj RE in this lucrative sector.

The electric three-wheeler market in India has experienced remarkable growth with over 580 000 units registered in 2023 alone – representing an impressive 66% increase compared to the previous year. This surge underscores a clear shift towards sustainable and economical transportation solutions. OLA Electric with its innovative Raahi is primed to capitalize on this trend and carve out a significant niche in the market. Get ready for an electrifying ride with OLA's IPO bonanza and the introduction of Raahi!