• By Divanshi Sharma
  • Tue, 29 Aug 2023 07:48 PM (IST)
  • Source:JND

Ola Electric launched its new S1 series on Independence Day, 2023. The Ola's e-scooter lineup has reportedly received over 75,000 bookings in just two weeks after its official launch. The S1 series is offered in a price range of Rs 90,000 to Rs 1,50,000. The S1 series comprises five e-scooters - New-gen S1 Air and S1 Pro, S1 X+, S1 X (2 kWh) and S1 X (3 kWh). Bookings can be made by giving a token amount of Rs 999. The price range for this lineup of e-scooters are;

S1 Pro - Rs 1,47,499
S1 Air - Rs 1,19,999
S1 X+ - Rs 1,09,999
S1 X (3 kWh) - Rs 99,999
S1 X (2 kWh) - Rs 89,999

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Ola's spokesperson expressed delight at the success, saying, "We are thrilled with the response our new S1 lineup has received. We are working with speed and a clear vision to support the country’s leadership in electrification. With our refreshed lineup of scooters including the S1 Pro, S1 X portfolio and our recently launched S1 Air, there is absolutely no reason to buy an ICE product anymore."

Ola claims that customers who choose S1 X over ICE scooters can save up to Rs 2,600 per month and Rs 30,000 per year on maintenance and fuel costs. Customers who purchase the S1 X can easily recoup the cost of the vehicle in just three years, as per Ola Electric. These TCO (total cost of ownership) figures are based on a daily commute distance of 30 km.

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Additionally, Ola is currently working on plans for an upcoming line of electric motorbikes that are planned to be marketed under the M1 brand and scheduled to be on sale in 2024.