In a significant move,
Ola Electric has announced a price reduction for its entry-level scooter, the S1 X, by Rs 5,000 to Rs 10,000 across all variants.
Anshul Khandelwal, Chief Marketing Officer of Ola Electric, revealed that this price adjustment is effective immediately,
with deliveries set to commence next week.
Price Drop Details
The starting price of the OLA S1 X now stands at Rs 69,999 for the 2 kWh model, Rs 84,999 for the 3 kWh model,
and Rs 99,999 for the 4 kWh model.
Notably, the prices of both the 2 kWh and 4 kWh models have been slashed by Rs 10,000,
while the 3 kWh model sees a reduction of Rs 5,000.
Previous Pricing
At the time of launch, the OLA S1 X was priced differently.
However, with this recent price adjustment, Ola Electric aims to make electric vehicles (EVs) more accessible to Indian consumers.
Driving EV Adoption
Khandelwal emphasized the importance of making EVs more affordable,
stating that the demand for electric scooters will surge when prices are competitive with petrol scooters.
Ready. Set. Switch. To the Ola S1 X. Make it yours, starting at an introductory price of ₹69,999. pic.twitter.com/hIYBrq8vXW
— Ola Electric (@OlaElectric) April 15, 2024
With an average scooter costing around Rs 1 lakh,
Ola Electric seeks to bridge this gap and accelerate the adoption of EVs in India.
By making electric scooters more cost-effective,
Ola Electric aims to contribute towards a greener and sustainable future, aligning with India’s vision for clean mobility.
