Ola drives in e-scooter beginning at Rs 99,999; deliveries from Oct

Ola Electric on Sunday forayed into the inexperienced mobility house with the launch of its first electrical scooter, Ola S1, at a value ranging from Rs 99,999 (ex-showroom). The Ola S1 electrical scooter would are available in two trims — S1 and S1 Pro — carrying a price ticket of Rs 99,999 and Rs 1,29,999, respectively.
“I want to underline that it is going to be the best scooter ever made. It has the best design, performance and technology,” Ola chairman and group government Officer Bhavish Aggarwal instructed reporters right here. With by no means seen earlier than expertise, design and options, the corporate is searching for a worldwide management within the electrical two-wheeler phase, he added.
The firm will formally open Ola S1 for buy from September 8, and begin deliveries throughout 1,000 cities and cities in October. Till September 8, the corporate will hold accepting the bookings at Rs 499, Aggarwal acknowledged. He famous that Ola S1 solves one of many largest challenges which has hampered the expansion of the EV sector in India has been the upfront value.
“In states with active subsidy grants, Ola S1 will be much more affordable than many petrol scooters. For instance, after state subsidy in Delhi, the S1 would cost just Rs 85,009 whereas in Gujarat it would be only Rs 79,000,” Aggarwal stated.
The firm has additionally tied up with banks and monetary institutes for an EMI plan beginning at Rs 2,999, he added.
The Ola S1 comes with a spread of 181 km, a prime pace of 115 km per hour and may be absolutely charged in lower than 40 minutes with a quick charger, and round six hours with the transportable charger that can include the scooter and may be put in at houses.
(WITH PTI)