Ola Electric sets new benchmark in Indian EV market with launch of MoveOS 4 and new products

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MUMBAI, 15 August 2023: Ola Electric has introduced its latest Ola S1X EV scooter range, along with other new products, at the “End Ice Age, Part 1” event on August 15. This marks the company’s “Customer Day” celebration.

Environmentally Friendly and Cost-effective Choice

Ola Electric’s founder and CEO, Bhavish Aggarwal, emphasized the benefits of switching to electric vehicles (EVs). He stated that opting for EVs is not only eco-friendly but also financially advantageous.

Variety of Models

The Ola S1X range consists of three e-scooters: Ola S1X (3KWH), Ola S1X (2KW), and Ola S1X+ (3KWH).

Pricing and Booking Information

The Ola S1X (2KWH) model is priced at INR 89,999. Bookings for this scooter will commence on August 15, with deliveries starting in December. Early bird customers who book within the launch week can avail a special price of INR 79,999.

Ola S1X

The Ola S1X (3KWH) model is priced at INR 99,999. Similar to the previous model, bookings will start on August 15, and deliveries are set to begin in December. Customers who make bookings within the launch week can enjoy a discounted rate of INR 89,999.

The Ola S1X+ (3KWH) model comes at a price of INR 1,09,999. Bookings will open on August 15, and deliveries are scheduled to begin in September. Early bookings within the launch week offer a reduced rate of INR 99,999.

Exciting Updates for EV Enthusiasts

Ola Electric also introduced the MoveOS 4, a significant update for their electric scooters. This update enhances efficiency, reduces costs, and improves the overall user experience. The company aims to provide a range of options for the scooter’s digital display to cater to individual preferences.

Surge in EV Penetration

Bhavish Aggarwal highlighted the rapid growth of electric vehicle penetration in India. The two-wheeler EV segment has witnessed a rise from less than two percent to 20 percent within the past two years.

Diverse EV Lineup

The “End of ICE Age Event, Part I” showcased an impressive lineup of EV products, including scooters, motorcycles, and a super-sports bike. This event signifies Ola Electric’s commitment to spearheading the transition from traditional internal combustion engines (ICE) to sustainable electric mobility solutions.

Upcoming Features and Enhancements

The latest upgrade promises advanced features that elevate the consumer riding experience. Expected to be available by year-end, this update will provide users with diverse options for their scooter’s digital display, expanding the current choices of light, auto, and dark settings.

Conclusion

Ola Electric’s latest launch of the S1X EV scooter range, coupled with the MoveOS 4 update, signifies a bold step toward a more sustainable and cost-effective future of mobility in India. With attractive pricing and enhanced features, Ola Electric is driving the transition to electric vehicles and contributing to a greener environment.

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