Ola Electric Launches S1 X Scooter Range with New Prices
Ola Electric has introduced the S1 X range of scooters, unveiling new price points for its portfolio. The range includes 2 kWh, 3 kWh, and 4 kWh variants, starting at an introductory price of Rs 69,999. This range aims to offer a lower cost of ownership, complemented by an 8-year/80,000 km complimentary battery warranty. Deliveries will commence next week, the company confirmed.
The company also revised the prices for the S1 Pro, S1 Air, and S1 X+ to Rs 1,29,999, Rs 1,04,999, and Rs 84,999, respectively.
Ola S1X Features:
- The S1 X range offers a physical key and caters to different range requirements.
- It provides an IDC-certified range of 190 km, 143 km, and 95 km in 4 kWh, 3 kWh, and 2 kWh variants, respectively.
- Equipped with a 6kW motor, the scooter offers quick acceleration of 0-40 Km/h in 3.3 seconds and a top speed of 90 kmph in 4 kWh and 3 kWh variants, and 4.1 seconds and 85 kmph in the 2 kWh variant.
- The scooter features three riding modes (Eco, Normal, Sports) for seamless switching.
Ola Electric Accessories:
- Ola Electric offers an 8-year/80,000 km extended battery warranty for its products.
- Customers can opt for an add-on warranty, extending the upper limit of kilometres travelled up to 1,25,000 km starting at Rs 4,999.
- The company introduced a portable fast charger accessory of 3KW available for purchase at Rs 29,999.
Registration Milestone and IPO Plans:
- Ola Electric announced reaching a registration milestone of 5,00,000 scooters as per the VAHAN portal in under 2.5 years.
- The company has filed its DRHP for an INR 5,500+ Cr IPO as it marches towards its IPO.
Conclusion: With these new offerings and revised prices, Ola Electric aims to boost sales and EV adoption in India. The competitive pricing, coupled with innovative features and robust cost structures, reflects the company’s commitment to driving EV penetration in the country.