Ola Electric has reduced the prices of the S1 electric scooter range by up to Rs 25,000. The e-scooter range now starts at Rs 84,999 and goes up to Rs 1,29,999 (ex-showroom). The new prices are applicable for a limited period and will be revised in March 2024.
The Ola S1 range (S1 Pro, S1 Air and S1 X+) with 3kWh battery pack have received a price reduction. Ola Electric had reduced the price of the entry-level S1 X+ model by Rs 20,000 in December 2023. The scooter was originally priced at Rs 99,999. The price has been again reduced by a good 5,000, taking the total discount to Rs 25,000. The picture shared by OLA reveals that this variant is priced at Rs 1,09,999 and after discount, it costs Rs 84,999. That’s a price reduction of Rs 25,000.
The Ola S1 Air has received a price reduction of Rs 15,000. The scooter was priced at Rs 1,19,999. With discounts, the S1 Air now costs Rs 1,04,999. The top-spec Ola S1 Pro is now priced at Rs 1,29,999, receiving a discount of Rs 17,500. This variant was priced at Rs 1,47,999.
Speaking on the price reduction, Ola spokesperson said, “On the back of a strong vertically integrated in-house technology and manufacturing capabilities, we have been able to restructure costs and decided to pass on the benefits to customers. Priced equivalently to leading ICE scooters, we are confident that customers will now have no reason to buy an ICE scooter.”
Ola Electric is also offering a new 8-year/80,000 km extended battery warranty for its entire electric scooter range without any additional cost. The company also aims to expand the service network to 600 centres by April 2024. The company currently has 414 service centres.
