Ola Electric has unveiled its latest entry-level electric scooter, the S1X, priced at an introductory rate of Rs 79,999, as it intensifies its competition against traditional internal combustion engine counterparts.
The company has also previewed four electric motorcycles set to launch by late 2024. Offered in three variations, namely S1X (with a 2kwh battery), S1X with a 3kwh battery, and S1X+ with an upgraded 3kwh battery along with enhanced connected features, during an event held at the Ola Future Factory in Krishnagiri, Tamil Nadu, Ola Electric’s founder and CEO, Bhavish Aggarwal, introduced the models.
The introductory price for the S1X with a 2kwh battery version is Rs 79,999 for the first week, subsequently increasing to Rs 89,999. Bookings are open and deliveries are expected to commence in December, aimed at daily commutes of around 10-20 km.
The S1X model, equipped with a 3kwh battery, can be acquired during its initial launch week at a starting price of Rs 89,999, which will subsequently increase to Rs 99,999. Bookings for this variant are also open, with deliveries starting in December.
Additionally, the S1X+ is launched with an initial price of Rs 99,999 for the first week, followed by a regular price of Rs 1,09,999. Bookings are open, and deliveries are expected to begin by the end of September.
Aggarwal highlighted that the S1X and S1X+ differ in terms of software and connectivity features. The S1X boasts a single-charge range of 151 kilometers and a top speed of 90 km/hour. Aggarwal emphasized that these models signify the end of the era for internal combustion engine scooters, showcasing the cost benefits of owning an electric scooter.
Aggarwal stated, “By developing core technologies in-house, and through adopting economies of scale, localized supply chains and manufacturing engineering, we will ensure complete price parity between ICE and EV vehicles.”
Ola Electric also introduced the S1Pro second-generation scooter priced at Rs 1,47,499 (ex-showroom), with bookings open and deliveries starting from mid-September. Now, Ola Electric’s portfolio encompasses the S1X (2kwh), S1X, S1X+, S1Air, and S1 Pro, priced between Rs 89,999 and Rs 1.47 lakh.
Furthermore, Ola Electric exhibited its four upcoming electric motorcycles — Diamondhead, Adventure, Roadster, and Cruiser — at the event. Aggarwal announced their global debut set for the end of 2024, highlighting that these motorcycles have been designed and engineered in-house and will be manufactured in India for a global audience.
Alongside the new models, Ola Electric also unveiled the MoveOS4 update, featuring over 100 enhancements and more than 20 new features, including Ola Maps, hill descent, find my scooter, Geo and time fencing.
