Ola launches S1 X mass market range from Rs 69,999 to Rs 99,999
The announcement coincided with Ola Electric reaching a registration milestone of 5,00,000 scooters in under 2.5 years, the company said.
Ola Electric on Monday announced new prices for its S1 X portfolio along with the delivery details of the scooters. The S1 X is available in three battery configurations; 2 kWh, 3 kWh, and 4 kWh and would now be priced from Rs 69,999 (introductory price), Rs 84,999, and Rs 99,999, respectively.
The deliveries of S1 X will begin starting next week. The company also announced new prices of S1 Pro, S1 Air, and S1 X+, which would now be available at Rs 1,29,999, Rs 1,04,999, and Rs 84,999. Additionally, all S1 scooters come with 8-year/80,000 km complimentary battery warranty at no extra cost. The S1 X range marks the company’s entry into the mass market segment. The S1 X, offers a lower cost of ownership, and an 8-year/80,000 km complimentary battery warranty, making it an attractive value-proposition in the market.
“We believe India’s EV industry has reached an inflection point with the EV penetration in the 2W segment at an all-time high last month. Our S1 X portfolio now addresses the high upfront cost of EVs which is one of the major barriers to EV adoption. Ola’s robust cost structures coupled with vertically integrated in-house technology and manufacturing capabilities enable us to price our products competitively,” Ola spokesperson said.
The S1 X range comes with the much-requested physical key and caters to customers with different range requirements. S1 X offers an IDC-certified range of 190 km, 143 km, and 95 km in 4 kWh, 3 kWh, and 2 kWh variants, respectively. The scooter comes with a 6kW motor and offers a quick acceleration of 0-40 Km/h in 3.3 seconds and a top speed of 90 kmph in 4kWh and 3kWh variants, and 4.1 seconds and 85 kmph in the 2 kWh variant. The scooter has three riding modes (Eco, Normal, Sports) and riders can switch between them seamlessly.
“With new prices of S1 X and a wide product portfolio across all popular price points, we are confident of driving EV penetration further across the country,” the spokesperson said.
Ola Electric has also introduced a portable fast charger accessory of 3KW which is available for purchase at Rs 29,999. The announcement coincided with another remarkable achievement, with the company reaching a registration milestone of 5,00,000 scooters (as per VAHAN portal) in under 2.5 years, the company said.
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15 Apr 2024
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Shahkar Abidi