Two scooters at price of one: Ola reduces price of S1X electric scooter

Ola Electric, an EV manufacturer located in Bengaluru, has announced a substantial price cut for its S1X electric scooter series. Three battery configurations—2 kWh, 3 kWh, and 4 kWh—are now available for the S1 X series, with the entry-level 2 kWh model starting at just Rs 69,999. The 3 kWh and 4 kWh versions will come in right after at Rs 84,999 and Rs 99,999, respectively. According to the corporation, the S1 X models will be delivered across the country starting the next week. 

The business has also disclosed the new prices for its other models in addition to this one. Now retailing for Rs 1.30 lakh, Rs 1.05 lakh, and Rs 84,999, respectively, are the S1 Pro, S1 Air, and S1 X+. Interestingly, all S1 scooters will include a complimentary 8-year/80,000-kilometre battery warranty at no extra cost.

Ola Electric had significant triple-digit growth in its annual revenue. The business sold 53,320 units this month, a tremendous growth of 148.75 per cent over the 21,435 units sold in March 2023. Additionally, there was a notable increase in sales month over month, rising by 57.54% from the 33,846 copies sold in the previous month.