Ola Electric, one of the largest electric two-wheeler companies, has announced a reduction in the price of its S1 Pro electric scooter by Rs 5,000. After the discount, its price will be Rs 1.25 lakh (ex-showroom). Subsidy is also included in this. However, this discount will be available only till 16 April. After this, the price of S1 Pro will be around Rs 1.30 lakh (ex-showroom).
The company’s other electric scooters S1 and S1 Air start at Rs 99,999 and Rs 84,999 respectively. Ola Electric has sold over two lakh units in the last financial year. Its sales in March stood at over 27,000 units. company says it has a market share of over 30 percent in the electric scooter segment. The company may soon add Advanced Driver Assistance System (ADAS) to the S1 Pro. It aims to make travel safer for two-wheeler riders. ADAS hardware and software will allow riders in the company’s electric scooters to get maps and other road information on a small screen. Its range in single charge is about 181 km.
Recently, the CEO of Ola Electric, Bhavish Aggarwal shared a teaser that shows the S1 Pro scooter sporting a small screen with a speedometer on a metal stand. However, more information about it was not given in the teaser. Aggarwal had said that this information will be given in a tech demo. The screen seen in this teaser is similar to the mobile screen. This will allow riders to use the electric vehicle’s adaptive cruise control, collision avoidance and pedestrian detection features. The company plans to launch some new electric two-wheelers. These could include a low-cost scooter, a premium motorcycle and a low-cost electric motorcycle.
The company plans to launch its first electric car in 2024. Plan has also been created. Ola Electric aims to launch its first car for less than $50,000. In this segment, the company will compete with companies like Tesla and Hyundai apart from Tata Motors in the country. Ola Electric released a teaser of the electric car last year. In this, some hints were given about the exterior and interior of this electric car. It gets a unique and modern design steering wheel.