Ola has launched its much-awaited electric scooters on Sunday. The scooter will have two variants- the S1 and S1 Pro models. Ola announced the prices of its electric scooters, which seem to be much lesser than that of other companies and still offer promising performance.
The starting price for Ola electric scooters will be Rs. 99,999 including FAME II subsidies. The company hasn’t added state-level subsidies. The Pro model will have a price tag of Rs. 1,29,999. The vehicles can be purchased starting from September 8 while the first delivery is expected by October. It will be delivered across 1,000 cities and towns across India.
Ola has an electric scooter manufacturing plant in Krishnagiri, Tamil Nadu which boasts of a capacity to manufacture 1 million vehicles. The company said it will fulfill all the pre-orders soon. The company claims that it received more than 1 lakh pre-bookings for the scooter in its first 24 hours.
Bhavish Aggarwal, founder and CEO of Ola said that “The S1 and S1 Pro are industry-leading products with best in class range, speed and cost.” He added, “We have seen demand for this vehicle from everywhere, and obviously from the bigger cities as well, as scooter are an urban mobility product.”
The high-end variant Ola S1 Pro will have a 3.97kWh battery which offers a range of 181 kilometers and a top speed of 115kmph. Aggarwal claimed that it will perform up to 85% of what is offered, in real-world situations and it is twice what is offered by other companies in the field. The S1 variant will have a 2.98kWh battery pack and has a range of 121kilometers with a top speed of 90kmph.
The electric scooters will also have features like keyless lock/unlock, different modes, and profiles for different riders and will allow riders to select modes that will change the sound and display graphics. The scooters will also have a reverse mode and hill-hold assist.
Aggarwal claims that Ola will soon start making profits in the EV manufacturing business by accelerating its globally competitive EV products.