Ola Electric has announced the launch and the pricing of its much awaited electric scooter – S1, with two variants S1 and S1 Pro. The purchase of the scooters begins on 8th September, and the deliveries will begin from October.
The company has already partnered with top banking partners to provide leasing for the two scooter variants. Apart from the same, the team has also announced Mission Electric, where it commits to ensure a future where by 2025 all two-wheelers in India will be electric.
The Ola S1 and Ola S1 pro have been priced at Rs 99,999 and Rs 1,29,000, respectively. The S1, priced at Rs 99,999, has a maximum speed of 90 KM per hour, and can reach 0 to 40 km in 3.6 seconds. The range is 121 kilometres on a full battery charge. It is present in five colours- white, sky blue, red, black, and yellow. The peak motor power is at 8.5 kw.
The Ola S1 pro, priced at Rs 1,29,000, has a maximum speed of 115 km per hour, and can reach 0 to 40 km in 3 seconds. The range is 181 kilometres on a full battery charge. It is available in 10 colours, and has the peak motor power at 8.5 kw.
Speaking about the scooters, in a closed door press meet at the Ola office in Bengaluru, Bhavish Aggarwal said,
“We have completed the first phase of our factory launch, and have the capacity to produce over 2 million scooters in a year. We are proud of a product that has been designed, conceptualised, and manufactured in India. I have always believed that we have the best talent and capacity of building world class products from India for the world, and that is what the Ola S1 series is about.”
Apart from the cells, which are from Korea, most parts of the scooter is made in India. He explained that the vehicles have been built by the best engineering minds in the country. Ola had opened the early booking for its Ola Scooter at Rs 499. It recorded over one lakh bookings in a span of two days. The team added these numbers are still growing.
“We have seen bookings from close to 1000 cities across the country, and we will first start with the delivery of these vehicles,” said Bhavish. The scooter works with an app that can allow for multiple user profiles, and each user profile can be customised according to their needs and requirements.
“The Ola S1 provides the best navigation experience on any vehicle. You can create unique profiles for family, friends and guests. Individually customisable, each profile can make the Ola S1 theirs for the ride. Your scooter will now sound just like the way you like or go completely silent, if that’s more your vibe,” said Bhavish.
He added that the team has ensured that the battery is at the footboard of the vehicle at over 3.97 kw, to ensure a larger boot space. “We have gone against a swappable battery as that causes more wear-and-tear and can create more challenges for the user,” added Bhavish.
While the shortage of chips have been a problem due to the global semi conductor chip shortage, Bhavish added while this is a challenge for the next six to nine months, the team is currently managing the shortage.
The company added that Ola Scooter has already won several prestigious awards, including the IHS Markit Innovation Award at CES and the German Design Award.
The first in the range of Ola electric two-wheelers, the Ola Scooter will roll out from the Ola Futurefactory — the world’s largest, most advanced, and sustainable two-wheeler factory built on a 500-acre site in Tamil Nadu, India.
