Ola Electric, India's largest e-scooter maker, launched its most budget-friendly ride in Bengaluru on Tuesday. The new launch is seen as a bid to woo more customers to the EV sector.
At the 'End Ice Age, Part 1' event that began at 12 pm at Ola's FutureFactory in India's tech hub, the EV maker unveiled its S1X range of e-scooter – Ola S1X (2KWH), Ola S1X (3KWH) and Ola S1X+ (3KWH).
"It will be quite stupid to buy ICE two-wheelers anymore after today, because buying EVs is not only good for the environment, but it's good for your wallet, it's good for you," said Ola Electric founder and CEO Bhavish Aggarwal.
Ola S1X (2KWH), the cheapest variant of S1X is about 36 per cent cheaper than
Ola's most expensive e-scooter, S1 Pro (Rs 1,40,000).
When does booking start?
The newly launched e-scooters can be bought from August 15 itself. Ola S1X+ (3KWH) will be delivered from September onwards while customers can take home Ola S1X (2KWH) and Ola S1X (3KWH) from December. Customers who book the new e-scooters in the first week will get a discount of Rs 10,000 for all three models
Ola S1X (2KWH)
The Ola S1X (2KWH), which is the most affordable of the three new models, comes at Rs 89,999. However, if you book the variant this week, you can grab it at just Rs 79,999.
Ola S1X (3KWH)
The next model in the range, Ola S1X (3KWH), is priced at Rs 99,999. As mentioned above, you can save Rs 10,000 if you book the model this week by paying just Rs 89,999.
Ola S1X+ (3KWH)
The third model, Ola S1X+ (3KWH), comes with a price tag of Rs 1,09,999. This model is up for grabs at Rs 99,999, if you book it within the first week.
The EV maker also launched the latest version of its software, the MOVE OS 4, which is expected to get a beta launch on September 15. Ola Electric is hoping to make it available to all users by around October 15.
The company also announced a new Gen 2 vehicle platform, which will boast a new motor, a new electric control unit and a new frame. The EV maker claims this will help bring down cost, energy consumption and number of parts needed. The new battery in Gen 2 reportedly separated the low-voltage and high-voltage boards, thereby enhancing thermal performance of the rides.
