Ola Electric, one of the largest electric two-wheeler companies, has completed the production figure of one lakh units in just 11 months. The company started production of electric scooters in November last year at its factory in Krishnagiri, Tamil Nadu. The company had sold over 20,000 units during the festive season last month.
Bhavish Aggarwal, Founder, Ola Electric said, “We have unlocked the potential of electric vehicles in the country by giving our customers a better product and experience than any petrol powered scooter. This achievement is a start. Next one lakh units Production will take place in half this period as the move to EVs is on the rise.” company has registered a 60 per cent growth in sales in October on a month-on-month basis. The S1 electric scooter from Ola Electric is priced at Rs 1 lakh and the S1 Pro is Rs 1.39 lakh (ex-showroom). These electric scooters can be purchased through the company’s website.
Last month, the company launched the affordable price electric scooter Ola S1 Air. Its price has been kept less than the company’s already existing Ola S1 and Ola S1 Pro. The battery capacity of Ola S1 Air is 2.5 KWh and top speed is 85kmph. The company’s new electric scooter offers an ARAI range of 101km and a range of 100km under normal conditions.
The price of this electric scooter is Rs 84,999. This is the starting ex-showroom price. FAME II in this subsidy is included. There is no state subsidy in this price. It will be available in Coral Glam, Jet Black, Liquid Silver, Neo Mint and Porcelain White color options. Like other e-scooters from the company, it has features like music, navigation and reverse mode. Ola Electric has also introduced a new version of its operating system Move OS. Ola S1 Air will run on this operating system. Ola Electric has prepared to sell electric scooters in the international market. The company’s S1 and S1 Pro scooters will be sold in Nepal. After this, the company can expand in Latin America, ASEAN and Europe.