Ola Electric scooter is expected to offer a range of 150 km on a full charge. The company previously disclosed that the bike is expected to run for about 75 km on an 18-minute charge.
Ola Electric, in a tweet, said, “You can reverse the Ola Scooter at an unbelievable pace, you can also reserve the Ola Scooter at an unbelievable price of ₹499 now!"
USD 147.24 billion by 2027, exhibiting a CAGR of 6.1% during the forecast timescale. Bicycles are commonly used for commuting, exercising, hiking, and sports by a wide population across the globe. Bicycles are an eco-friendly, safe, and comfortable mode of conveyance. Riding a bicycle or paddling possesses several health benefits.
Fortune Business Insights™ has presented this information in a report titled, “
Bicycle Market, 2020-2027”. The market size stood at
USD 97.20 billion in 2019.
The bicycle market is gaining immense popularity due to several reasons. For instance, the growing awareness amongst consumers regarding the health benefits proposed by paddling is prominently driving the bicycle market growth.