Ola Electric acquires Etergo, Will Launch its Electric Scooter Globally
Bengaluru, 28 May 2020: Ola Electric announced the acquisition of Etergo BV, an innovative electric scooter based out of Amsterdam, the Netherlands.
With this acquisition, Ola Electric has also announced its entry into the premium electric two-wheeler market, both globally and nationally.
Founded in 2014, Etergo has developed an all-electric state-of-the-art AppScooter, which has won multiple awards across the world for its innovative design and engineering at CES 2019 and Automotive Brand Contest, Germany amongst others. First revealed in 2018, the AppScooter uses swappable high energy density batteries to deliver a range up to 240km and class-leading acceleration.
Electric two-wheelers are the most efficient and cleanest solution for urban mobility, which wi...