Ola Electric, a prominent Indian electric vehicle (EV) scooter manufacturer, has recently announced a significant price reduction of up to Rs 25,000 for its S1 scooter lineup. This move comes as part of the company’s efforts to make electric mobility more accessible and affordable for consumers. However, it’s essential to note that these discounted prices are available for a limited time, exclusively for the month of February.

Ola Electric Scooter Price Reduce

Details of the Price Cut:

The price reduction applies to select models within the S1 series, including the S1 Pro, S1 Air, and S1 X+ (3kWh) variants. Notably, in December 2023, Ola Electric had already implemented a price cut of Rs 20,000 for the S1 X+ model, bringing its original price down from Rs 99,999 to Rs 89,999. With the latest adjustment, the price of the S1 X+ model has been further reduced to Rs 84,999, offering customers a generous discount of Rs 25,000.

Company Statement:

A spokesperson from Ola Electric commented on the price reduction, stating, “Our strong vertically integrated in-house technology and manufacturing capabilities have enabled us to restructure costs and extend the benefits to our customers. By aligning our prices with those of leading internal combustion engine (ICE) scooters, we are confident that customers will find electric scooters a compelling choice over traditional ICE vehicles.”

Ola Electric Scooter Additional Offeres:

In addition to the price reduction, Ola Electric has introduced a new extended battery warranty of 8 years or 80,000 kilometers for its entire product range, at no extra cost to consumers. This move aims to enhance consumer confidence in the longevity and reliability of electric scooters. Moreover, the company has ambitious plans to expand its service network by approximately 50 percent, to increase the total number of nationwide service centers from the current 414 to approximately 600 by April 2024.

Ola Electric Scooter New Price:

89,999.

FAQs:(Frequently Asked Questions)

How long will the discounted prices be available?
The discounted prices are available only for the month of February.
Which models are eligible for the price reduction?
The models eligible for the price reduction are the S1 Pro, S1 Air, and S1 X+ (3kWh) variants.
What prompted Ola Electric to implement these price cuts?
Ola Electric implemented these price cuts to make electric scooters more affordable and competitive compared to internal combustion engine (ICE) scooters.
Are there any additional benefits for customers apart from the reduced prices?
In addition to reduced prices, customers benefit from an extended battery warranty of 8 years or 80,000 kilometers at no extra cost.
What does the extended battery warranty cover?
The extended battery warranty covers any defects or malfunctions in the scooter’s battery system for the specified duration or distance, providing peace of mind to customers regarding battery performance.
How does Ola Electric plan to expand its service network?
Ola Electric plans to expand its service network by approximately 50 percent, increasing the number of nationwide service centers to around 600 by April 2024.
Can existing customers avail of the reduced prices or warranty extension?
Existing customers may inquire with Ola Electric about eligibility for reduced prices or warranty extensions.
Are there any financing options available for purchasing Ola electric scooters?
Ola Electric may offer financing options through tie-ups with financial institutions or banks, allowing customers to purchase electric scooters through installment plans.
Will there be any changes to the features or specifications of the scooters alongside the price reduction?
There are no indications of changes to the features or specifications of the scooters alongside the price reduction, ensuring that customers receive the same quality and performance.
How does Ola Electric’s pricing now compare to other electric scooter manufacturers in the market?
Ola Electric’s pricing now aligns more closely with leading ICE scooter prices, making electric scooters a competitive and attractive choice for consumers seeking environmentally friendly transportation options.