Ola Slashes Prices Of Its S1 X+ By Rs. 20k

The country’s largest electric 2-wheeler maker Ola Electric, has unveiled its ‘December to Remember’ campaign aimed at accelerating the #EndICEAge initiative. Starting from December 3rd, the newly introduced S1 X+ will be offered with a substantial flat discount of INR 20,000, reducing its price to an attractive INR 89,999. This move positions the S1 X+ as one of the most budget-friendly 2W EV scooters in the market, effectively overcoming a significant hurdle to wider adoption.

The Ola S1 X+

The S1 X+ promises impressive performance, advanced technological features, and exceptional riding experience at a compelling price point. Equipped with a 3kWh battery, it boasts a certified range of 151 km. Powered by a 6kW motor, the S1 X+ accelerates from 0 to 40kmh in just 3.3 seconds and achieves a top speed of 90 kmh.

In a bid to further encourage EV adoption nationwide, Ola has launched the ‘December to Remember’ campaign. Featuring enticing offers and discount schemes starting on December 3rd, culminating the season on a high note. Additionally, the company is offering finance deals including discounts of up to INR 5,000 on select credit cards and credit card EMIs. Other finance options entail zero down payment, zero processing fee, and interest rates as low as 6.99%.

Ola has recently expanded its S1 lineup to include five scooters. The flagship S1 Pro (2nd Generation) is priced at INR 1,47,499, while the S1 Air is available at INR 1,19,999. Introducing the S1X, Ola aimed at revolutionizing electric vehicles. Ola offers three variants: S1 X+, S1 X (3kWh), and S1 X (2kWh), catering to diverse rider preferences. Reservations for the S1 X (3kWh) and S1 X (2kWh) start at just INR 999. The introductory prices for these models are INR 99,999 and INR 89,999, respectively.

Official Statement

Anshul Khandelwal, Chief Marketing Officer, Ola, said. “Ola Electric has set a new industry benchmark with record-breaking sales of 30,000 units in the month of November. To further accelerate the adoption and make EV’s mainstream, today we are overcoming the biggest barrier to adoption with our new S1 X+. With a price equivalent to the leading ICE scooter, we are confident that the S1 X+ is poised to #EndICEAge. With our wide range of scooters along with their attractive price. I firmly believe that customers will now have no reason to buy an ICE product.”

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