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Ola Electric rolls out lower prices of S1 X range to challenge Ather’s Rizta
Thehindubusinessline
·
1y ago
Medial
Ola Electric, the IPO-bound electric vehicle manufacturer, has reduced the prices of its S1 X portfolio scooter range by up to INR 10,000. The S1 X (2kWh) is now priced at INR 69,999, while the 3kWh and 4kWh variants will cost INR 84,999 and INR 99,999 respectively. The company has also announced revised prices for S1 Pro, S1 Air, and S1 X+ models. Ola Electric achieved its highest-ever monthly sales in March with 53,184 registrations. The company also offers an extended battery warranty and add-on warranty for its products. Additionally, it has introduced a portable fast charger accessory priced at INR 29,999. Ola Electric plans to establish an EV hub in Tamil Nadu.
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Ola Electric slashes S1 X scooter prices
Economic Times
·
1y ago
Medial
Ola Electric has reduced the prices of its S1 X range of scooters in a bid to strengthen its position in the electric two-wheeler market. The 4 kWh variant of the S1 X is now priced at Rs 99,999, down from Rs 1,09,999, while the 3 kWh version is now priced at Rs 84,999, down from Rs 89,999. Ola Electric also reduced the price of the 2 kWh version of the scooter from Rs 79,999 to Rs 69,999. Deliveries of the vehicles are set to begin next week. Ola Electric's move comes shortly after rival Ather Energy launched its own scooter range, Rizta, with prices starting at Rs 1.09 lakh.
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Ola Electric rolls out software upgrade to enhance performance for S1 scooters, Roadster X bikes
Economic Times
·
1m ago
Medial
Ola Electric is rolling out the MoveOS 5 software upgrade for its S1 scooters and Roadster X motorcycles. This in-house developed update enhances performance, reliability, and range, promising a more refined and responsive riding experience. The upgrade, superior to the Gen 3 platform, optimizes the motor control unit. It will be available to all S1 and Roadster X users via an over-the-air update starting this week, reflecting Ola's commitment to continuous innovation.
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Ola Electric’s Bhavish Aggarwal takes a swipe at ‘cute’ Ather Rizta ads
Economic Times
·
1y ago
Medial
Ola Electric founder, Bhavish Aggarwal, took a jab at rival Ather Energy's marketing strategy, stating that "cute ads" won't be effective in the electric vehicle (EV) segment. He suggested that EV companies focus on improving their supply chain and technology to lower product costs instead of investing heavily in marketing and sales. Ola Electric currently leads in the Indian EV scooter market, while Ather recently launched its family scooter, Rizta, to compete with Ola Electric's S1 range. Ola Electric spent Rs 61.4 crore on marketing in FY23, while Ather's advertising expenses surpassed Rs 203 crore.
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Ola Electric Slashes Prices Of S1 X Escooters, Deliveries To Begin Next Week
Inc42
·
1y ago
Medial
Ola Electric, led by Bhavish Aggarwal, has reduced the prices of its electric scooters in an effort to boost sales and increase electric vehicle adoption. The S1 X range, available in three battery configurations, will now be priced at INR 69,999, INR 84,999, and INR 99,999 respectively. Ola Electric also announced the introduction of a portable fast charger accessory and revealed that it had reached a registration milestone of 5 lakh units. These developments come as Ola Electric moves towards its IPO, having filed its DRHP in December 2023.
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Ola Electric starts deliveries for S1 Gen 3 scooter portfolio
Economic Times
·
4m ago
Medial
Ola Electric has commenced deliveries for its S1 Gen 3 scooter portfolio across India. The range starts at Rs 79,999 for the S1 X (2kWh) and goes up to Rs 1,69,999 for the S1 Pro+ 5.3kWh. Deliveries are made through Ola's network of stores and direct home delivery services. The S1 Gen 3 scooters boast superior performance, enhanced safety features, and improved efficiency, according to an Ola spokesperson.
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Ola Electric rolls out Roadster X bike from Tamil Nadu plant
Economic Times
·
4m ago
Medial
Ola Electric has launched the first Roadster X motorcycle from its Tamil Nadu factory, marking a significant milestone in electric mobility. The Roadster X features a mid-drive motor, innovative flat cables, and patented brake-by-wire technology. With efficient torque transfer, improved acceleration, and advanced MoveOS 5 features like cruise control, it is designed to offer enhanced performance and safety. Prices range from Rs 84,999 to Rs 1,84,999, depending on the model and battery capacity.
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Ola Electric captures over 52 per cent market share
Thehindubusinessline
·
1y ago
Medial
Ola Electric has captured a significant 52% market share in the electric two-wheeler segment in April 2024. The company registered 34,000 new vehicle registrations during the month, with a year-on-year growth of 54%. Recently, Ola Electric introduced new pricing for its S1 X scooter portfolio, offering three battery configurations at different price points. The company also offers an extended eight-year/80,000 km battery warranty to encourage EV adoption. Ola Electric aims to further expand its presence in the mass-market 2W EV segment with the impending deliveries of its S1 X portfolio.
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How Ola Electric scored a 40% market share in December
Livemint
·
1y ago
Medial
Ola Electric achieved a market share of over 40% in electric two-wheeler sales in December due to deep discounts and a wide range of affordable e-scooters. The company offered significant discounts on its cheapest model, the S1 X+, to capture a larger market share. TVS Motor and Bajaj Auto followed Ola in terms of market share. Ola plans to continue offering discounts in January and launch promotional offers each month. This is the first time in three years that any company has crossed the 40% market share mark in this segment.
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Ola Electric begins deliveries of S1 X scooter, offers 3 battery configurations
Livemint
·
1y ago
Medial
Ola Electric has started delivering its budget-friendly electric scooter, the S1 X, in India. The scooter comes in three battery configurations - 2 kW, 3 kW, and 4 kW - priced at ₹69,999, ₹84,999, and ₹99,999, respectively. The 2 kW variant has a range of 91 km, while the 3 kW model can travel up to 151 km and the 4 kW option offers a range of 190 km. The scooter features a 3.5-inch LCD screen and offers three riding modes with top speeds ranging from 85 kmph to 90 kmph.
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Ola Electric to start deliveries of Roadster X bikes from Friday: Bhavish Aggarwal
Economic Times
·
2m ago
Medial
Ola Electric is set to commence deliveries of its electric motorcycle, Roadster X, by the end of the week as announced by Founder Bhavish Aggarwal. The Roadster range, disclosed last August, includes models Roadster X, Roadster, and Roadster Pro. Prices begin at Rs 74,999, with the top variant offering a 501 km range per charge. Initially, deliveries were planned for Q4FY25 and Q4FY26 for the general lineup and Roadster Pro, respectively.
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