City
Epaper

Ola CEO shares plan on sports car, upcoming update for e-scooters

By IANS | Updated: July 17, 2022 17:05 IST

New Delhi, July 17 Ola Founder and CEO Bhavish Aggarwal has announced that his company is planning to ...

Open in App

New Delhi, July 17 Ola Founder and CEO Bhavish Aggarwal has announced that his company is planning to bring a new electric sports car for Indian consumers.

In a series of tweets, Aggarwal also detailed about the upcoming MoveOS 3 update to the S1 series of electric scooters.

"We are going to build the sportiest car ever built in India!" the tech honcho wrote on the microblogging platform Twitter.

Aggarwal also shared a video on the platform where he tested the Moods feature in the upcoming update MoveOS 3.

In another tweet, the founder and CEO of the platform mentioned that the upcoming update is scheduled for Diwali.

"MoveOS 3 launch for everyone on Diwali this year. If MoveOS 2 was exciting, wait till you experience MoveOS 3," Aggarwal tweeted.

"Hill hold, proximity unlock, moods, regen v2, hypercharging, calling, key sharing, many new features! Proud of Ola Engineering for executing world-class tech at speed!" he added.

Meanwhile, a recent report said that Ola is planning to lay off up to 500 employees across departments as it aims to cut costs and streamline operations amid the ongoing funding winter.

According to reliable sources, SoftBank-backed Ola has asked senior executives to find employees in their teams on a performance basis who can be asked to go.

The company is reportedly looking at "leaner and consolidated teams" to keep its "strong profitability intact".

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: indiaNew DelhiBhavish AggarwalThe new delhi municipal councilDelhi south-westIndiUk-indiaRepublic of indiaIndia india
Open in App

Related Stories

InternationalIranian President Calls for Constructive Role of Brics to Halt West Asia Conflict During Talks With PM Modi

LifestyleEid 2026 Date: When Will Saudi Arabia, UAE and India Celebrate Eid-ul-Fitr?

MaharashtraMaharashtra CM Devendra Fadnavis Unfurls 200-Foot National Flag at Nagpur’s Kasturchand Park

NationalAhmedabad Traffic Update for India vs New Zealand T20 World Cup Final: Check Road Closures and Alternate Routes Near Narendra Modi Stadium

AurangabadLocal industries feel heat of Global conflict

Technology Realted Stories

TechnologyFuel supplies adequate, no need to panic: IOCL

TechnologyGovt working to minimise supply chain impact, pharma sector unaffected: Commerce Secretary

TechnologyNITI Aayog launches ATL Sarthi, Mentor India Academy to deepen school‑level innovation

Technology21 states carrying out press briefs to counter misinformation around LPG: Centre

TechnologySAIL provides 4,000 tonnes of steel for 'INS Taragiri' warship