Ola Electric expands to enter international markets, signs MoU with CG Motors in Nepal

Ola Electric CEO Bhavish Aggarwal on 22 September announced that the automobile firm is planning to enter international markets starting with Nepal.

Aggarwal confirmed to have signed an MoU with CG Motors in Nepal partnering them as local distributors for its popular Ola S1 scooters (S1 & S1 Pro). The scooters will be available in Nepal starting next quarter.

India has loved the Ola S1 scooters, ushering in our EV revolution.

Now we’re taking this global! Announcing our entry into Nepal today. By end of 2022, Nepalese consumers will join the revolution.

LATAM, ASEAN & EU soon. World’s EV transition will be led by India! #EndICEAge pic.twitter.com/2Bb4agKZzg

— Bhavish Aggarwal (@bhash) September 22, 2022