Ola Electric, arguably the most-ambitious bet of cab aggregator Ola’s co-founder Bhavish Aggarwal, today started accepting bookings for its electric scooter for a refundable fee of Rs 499.

The company does not mention when those who book the Ola Scooter today will get their hands on one, but promises priority delivery to those who book now.

Ola Electric’s marketing machinery has been in full swing over the past two weeks leading to today’s announcement. Aggarwal regularly tweeted videos and pictures showing the scooter and the progress of the company’s upcoming factory.

Beyond the videos and an assortment of marketing materials from the company, the details about the actual product have been scarce, but Ola Electric said in a press statement that it will have “class-leading speed, unprecedented range, the biggest boot space as well as advanced technology that make it the best scooter customers can buy.”

The company also said that the scooter would be priced “aggressively” without giving more details.

What’s more? Ola is already mentioning that the scooter will be followed by more electric vehicles (multiple).

“India’s EV revolution begins today as we open reservations for our electric scooter, the first in our range of upcoming EVs,” Aggarwal said in a statement.

The numbers that Ola has shared so far though are eye-watering. When completed, its factory would arguably be the largest two-wheeler making setup in the world, putting industry big-wigs to shame. Ola claims the factory will have the capacity to make 2 million scooters a year in its first phase but when fully operational it could churn 10 million units out of its 500-acre site in Tamil Nadu.