Ola Electric has launch the S1 X range of scooters. Bhavish Aggarwal drove Ola Electric has cut the costs of its most recent electric scooters range S1 X in a bid to build the deals and electric vehicle (EV) reception.
The S1 X reach accompanies an actual key and takes special care of clients with various reach necessities. The S1 X offers an IDC-confirmed scope of 190 km, 143 km, and 95 km in 4 kWh, 3 kWh, and 2 kWh variations, separately. The scooters accompanies a 6kW engine and offers a fast speed increase of 0-40 Km/h in 3.3 seconds and a maximum velocity of 90 kmph in 4kWh and 3kWh variations, and 4.1 seconds and 85 kmph in the 2 kWh variation. The scooters has three riding modes (Eco, Ordinary, Sports) and riders can switch between them consistently.
In an explanation, the startup said that the S1 X range, which is accessible in three battery setups – 2 kWh, 3 kWh, and 4 kWh, would be evaluated at INR 69,999, INR 84,999, and INR 99,999, separately.
The first sale of stock (Initial public offering) bound startup likewise said that the conveyances of the new model would initiate one week from now, that is to say, post April 21. The escooters have been accessible for buy since February 2.
Ola Electric S1 X 2KW Will Be A Game-Changer
In February, when Ola Electric sent off the S1 X range, it said the 4kWh EV scooter will be accessible for INR 109,999, the 3kWh one for INR 89,999, and the 2kWh escooter for INR 79,999.
With the cost cut, the startup has put its new scooters in the value scope of Ather 450S, L Hero Atria, among other EV bikes. Further, Ola S1 X 2kWh will take on ordinary petroleum scooters Honda Activa, Honda Dio, and TVS Jupiter, among others.
Remarking on the declaration, an organization representative said, “We accept India’s EV industry has arrived at an enunciation point with the EV entrance in the 2W fragment at a record-breaking high a month ago. Our S1 X portfolio presently addresses the high forthright expense of EVs which is one of the significant obstructions to EV reception.”
Alongside the corrections to the value of its most recent scope of EV scooters, Ola Electric additionally managed costs of S1 Pro, S1 Air, and S1 X+ to INR 1,29,999, INR 1,04,999, and INR 84,999, separately.
Other than the cost cut declaration, Ola Electric likewise presented a versatile quick charger extra of 3KW, which is accessible for buy at INR 29,999.
“Ola’s strong expense structures combined with upward coordinated in-house innovation and assembling abilities empower us to seriously value our items. With new costs of S1 X and a wide item portfolio across all famous price tags, we are sure of driving EV infiltration further the nation over,” the representative added. Recently, Ola Electric got the gesture from the Service of Weighty Ventures (MHI) to sell electric bikes and guarantee endowments under the new ‘Electric Portability Advancement Plan (EMPS), 2024’.
Ola Electric’s S1 X reach runs on a 6kW engine and offers a speed increase of 0-40 km/h in 3.3 seconds and a maximum velocity of 90 kmph in 4kWh and 3kWh variations, and 4.1 seconds and 85 kmph in the 2 kWh variation. While presenting the new escooter range in February, Aggarwal said that the startup will likewise extend its administration network by half to around 600 focuses the nation over by April.
In the interim, Ola Electric likewise said that it arrived at the enlistment achievement of 5 Lakh units according to the Vahan gateway. It is relevant to take note of that the startup has been driving the bike EV space in the country for a while at this point. Its all out escooter enlistments remained at 53,000 units in Walk 2024.
The most recent improvements come when Ola Electric is walking towards its Initial public offering. It recorded its DRHP in December 2023 for an INR 5,500+ Cr Initial public offering.
By DNC