Ola Electric Scooter Prices In States after Subsidies

India’s ride-hailing giant Ola has launched its Ola S1 electric scooters on Independence Day 2021. The much-awaited e-scooter comes at Rs 99,999. This price is ex-showroom including FAME II subsidy and excludes state subsidies.

After state subsidy in Delhi, the S1 should cost just Rs 85,099 whereas, in Gujarat, it would cost as low as Rs 79,999. While in Maharashtra it would cost Rs. 84,999 and Rs. 92,999 in Rajasthan, after the subsidies under new policies of respective states. Ola has also tied up with banks and financial institutes for an EMI plan starting at Rs 2,999.

As ola has entered electric vehicle (EV) manufacturing, it claims to build up the largest two-wheeler factory in the world, Ola Futurefactory. And it has produced two variants, Ola S1 and Ola S1 Pro at Rs. 99,999 and Rs. 1,29,999, respectively. The first phase of Futurefactory is near completion and the Ola S1 purchase will start from 8th September 2021 and the deliveries will be starting in October across 1000 cities and towns. Till then, Ola S1 is available for reservation at just Rs. 499.

Speaking at the launch, Chairman & CEO of Ola, Bhavish Aggarwal stated, “We are taking this moment to announce ‘Mission Electric’, a pledge that no petrol two-wheeler will be sold in India after 2025. We want 50% of all-electric two-wheelers produced for the world to be made in India. It’s time for India to lead the way in electrification and build technologies of the future, here in India for the entire world!.”

The e-scooter comes in ten color variants, along with a range of 181 Kms, acceleration of 0-40 kph in 3.0 seconds, and a top speed of 115 kmph. It has a 3.97kWh battery capacity, over 30% higher than the next closest EV, and a powerful motor with 8.5 KW of peak power.

Ola S1 also comes with a proprietary Battery Management System (BMS) which actively monitors the battery for optimal durability, performance, range, and safety. It has no physical key and pairs with your phone with its “digital key” feature. It has a multi-microphone array, AI speech recognition algorithms that have been built in-house, and a 7-inch touchscreen display.

Ola had received more than 100,000 pre-bookings for its scooter in the first 24 hours of opening bookings to the public.

Ola e-scooter joins a crowded e-scooters and two-wheelers market, as the E2W making firms like Ather Energy, Hero Electric, Ampere Electric Okinawa, and others have launched their e-scooters recently.