Ola electric scooters now available for purchase from today; check price, delivery and more

Published : Sep 08, 2021, 10:58 AM IST
Ola electric scooters now available for purchase from today; check price, delivery and more

Synopsis

At a starting price of Rs 1 lakh, Ola allowed bookings for its first e-scooter in July and received a very enthusiastic response. 

It's been months since Ola Electric's S1 scooter first made headlines and the much-hyped electric two-wheeler has been finally unveiled.

Ola electric scooter is now available for purchase from today (September 8) and has been launched in two variants of S1 electric scooter -- S1 and S1 Pro.

The process to purchase an Ola Electric S1 scooter is completely online. “No visiting showrooms, no running around, nothing. Purchasing early gets you priority delivery. Also, the window stays open only until stocks last,” as per the Ola Electric blog.

At a starting price of Rs 1 lakh, Ola allowed bookings for its first e-scooter in July and received a very enthusiastic response.  

According to the company, the S1 has been priced at Rs 99,999 (ex-showroom) while the higher-end S1 Pro will cost Rs 1,29,999 (ex-showroom). The ex-showroom prices include FAME II subsidy and exclude state subsidies. This means that rates will change depending on the state of purchase.

Also read: Cairn to drop litigations against India within days of getting USD 1 billion refund

Ola’s S1 Pro has a range of 181 km, while 121 km for Ola S1. The Ola S1 provides a top speed of 90 kmph and Ola S1 Pro comes with a top speed of 115 kmph.

The scooter will be available in 10 colours including blue, black, white, grey and shades of red and yellow.

According to a report on Business Today, Ola has also teamed up with HDFC, IDFC First Bank and TATA Capital for providing loans for its scooters. HDFC will provide pre-approved loans to customers on the Ola and Ola Electric apps whereas TATA Capital and IDFC First Bank will process digital KYCs and provide instant loan approvals. Buyers can check the list of banks providing loans on the company's website.

 The company is also setting up a Futurefactory in Tamil Nadu, which will be spread across 500 acres. Once operational, the facility will be the biggest scooter-making factory in the world.

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