Bhavish Aggarwal, the founder and CEO of Ola, said that the company is planning to bring a new electric sports car to the Indian market.
Aggarwal also talked about the coming MoveOS 3 update for the S1 series of electric scooters in a series of tweets.
The head of a tech company wrote on Twitter, “We’re going to make the most sporty car India has ever made.”
Aggarwal also posted a video on the site in which he tried out the Moods feature of the upcoming MoveOS 3 update.
In another tweet, the platform’s founder and CEO said that the next update will come out on Diwali.
“This year, MoveOS 3 will be available to everyone on Diwali. If you thought MoveOS 2 was exciting, just wait until you try MoveOS 3 “Aggarwal tweeted.
“Hill hold, proximity unlock, moods, regen v2, hypercharging, calling, key sharing, and many other new features! I’m proud of Ola Engineering for making fast, world-class tech “he added.
A recent report said that Ola is planning to let go of up to 500 employees across departments in order to cut costs and streamline operations during the current funding winter.
Sources who can be trusted say that SoftBank, which backs Ola, has asked senior executives to look at the performance of their teams and find people who can be asked to leave.
People say that the company is looking at “leaner and more streamlined teams” to keep its “strong profitability” stable.