Ola Electric on Tuesday launched its new entry-level S1X electric scooter at an introductory price of Rs 79,999 as it ramps up the challenge to its conventional engine counterparts. The company also introduced four electric four-wheelers that will be launched by the end of 2024.
The company’s founder and CEO, Bhavish Aggarwal, said at a customer event held at Ola Future Factory in Krishnagiri (Tamil Nadu).
He said the S1X with the 2kwh battery variant was launched at an introductory price of Rs 79,999 in the first week and will be priced at Rs 89,999 after that.
Aggarwal said pre-orders will begin immediately and deliveries will begin in December, adding that the entry-level electric scooter is intended for daily commutes of around 10-20 kilometers.
The S1X variant with 3kwh battery was launched with an introductory price of Rs 89,999 for the first week and after that it will be tagged at Rs 99,999. This variant can be pre-ordered immediately, and deliveries will begin in December, he said. was launched with an introductory price of Rs 99,999 in the first week and after that it will be priced at Rs 1,09,999. He said customers can pre-order the phone immediately and deliveries will be made by the end of September. Aggarwal said the S1X and S1X+ differ in software and connectivity features.
The S1X has a range of 151 km on a single charge and can reach a top speed of 90 km/h.
“These scooters together represent the end of the ICE scooter era,” he stated, emphasizing the cost advantages of owning an electric scooter over competitors. ICE partner.
In a statement, Aggarwal said: “We are working at speed and with a clear vision to support the country’s leadership in the field of electrification. By developing our core technologies and adopting them ourselves. By applying economies of scale, localized supply chains and manufacturing techniques, we will ensure complete parity between ICE and EV vehicles.”
Ola Electric also introduced the second generation S1Pro priced at Rs 1,47,499 (former showroom). While pre-orders are available immediately, deliveries will begin in mid-September.
With the launch of the new scooters, Ola Electric’s portfolio includes the S1X (2khw), S1X, S1X+, S1Air and S1 Pro priced from Rs 89,999 to Rs 1.47 lakh.
Ola Electric also showcased four of its electric motorcycles — Diamondhead, Adventure, Roadster and Cruiser — at the event.
“I am also pleased to announce the global launch of Ola electric motorcycles due to launch in late 2024. Designed and built in-house, these motorcycles represent Ola’s leap into the future. future of the motorcycle industry,” Aggarwal said.
He added that these bikes will be built in India for the world.
The company also introduced the MoveOS4 update with over 100 improvements and over 20 new features, including Ola Maps, downhill, find my scooter, Geo, and timed fencing.