- By Divanshi Sharma
- Wed, 10 Apr 2024 04:56 PM (IST)
- Source:JND
Ola S1 Pro, S1 Air Price: Ola Electric, a leading electric two-wheeler manufacturer in India, has announced new deals for its S1 Pro and S1 Air electric scooters. Under this offer, customers can get a cashback of Rs 5,000 on specific bank loans and EMIs. However, this offer is only valid until April 15th. For more details, it's recommended to visit the nearest Ola Electric dealership.
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Ola Electric range of e-scooters include the S1 Air which is available at a price of Rs 1.05 lakh (ex-showroom), the S1 Pro that is available at a price of Rs 1.30 lakh (ex-showroom), the S1 X+ which is available at a price of Rs 84,999 (ex-showroom) and the S1 X with its prices ranging between Rs 79,999 and Rs 1,09,999 (ex-showroom). The S1 X is available in three variants - 2 kWh battery, 3 kWh battery and 4 kWh battery. Prices for all these three variants are Rs 79,999, Rs 89,999 and Rs 1,09,999(ex-showroom), respectively.
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In March 2024, Ola Electric received over 53,000 bookings for its electric scooters, marking its highest monthly sales for the fifth consecutive month. The company had an outstanding performance in the last financial year, achieving a remarkable 115 per cent growth compared to the previous year. They sold 3,28,785 units compared to 152,741 units in the previous financial year. The overall electric two-wheeler industry also saw growth, with a 30 per cent increase in FY24 over the previous year, and nine per cent EV penetration by March 2024. Ola Electric maintained its leading market share in March 2024 and experienced a 42 per cent growth in the January-March quarter compared to the previous quarter. In the last quarter, they sold 119,310 electric scooters, up from 84,133 units in the previous quarter.
