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Ola Electric Expands Escooter Portfolio With S1X 4kWh, To Add 10K Charging Stations By June

Inc42

· 4m
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Ola Electric, led by Bhavish Aggarwal, has introduced its new electric scooter, the S1X 4kWh, in an effort to strengthen its position in the Indian electric vehicle market. Priced at INR 1,09,999, the scooter has a range of 190 km on a single charge and a top speed of 90 km/h. Ola Electric is also expanding its service network and plans to have 600 service centers across India by April. The company aims to rapidly ramp up its fast-charging network to 10,000 points by the next quarter. Ola Electric recently filed its draft red herring prospectus (DRHP) for its upcoming IPO.

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