STOCKWATCH
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2/3 Wheelers
New Launch31 Jan 2025, 04:56 pm

Ola Electric Launches Gen 3 S1 Portfolio with 8 New Scooters, Prices Start at ¥79,999

AI Summary

Ola Electric Mobility Limited has launched its Gen 3 S1 portfolio, introducing 8 new scooters across mass and premium segments. The new portfolio starts at an introductory price of ¥79,999 for the S1 X (2kWh) and goes up to ¥1,69,999 for the S1Pro+ (5.3kWh) with a 4680 Bharat Cell. The Gen 3 platform offers a 20% increase in peak power, 11% reduction in cost, and 20% increase in range compared to Gen 2. Deliveries for the Gen 3 portfolio will commence from mid-February 2025.

Key Highlights

  • Launch of 8 new scooters across mass and premium segments
  • Introduction of Gen 3 platform with a 20% increase in peak power, 11% reduction in cost, and 20% increase in range
  • Introductory prices ranging from ¥79,999 to ¥1,69,999
  • Deliveries to commence from mid-February 2025
  • Ongoing sales of Gen 2 scooters at discounted prices
OLAELEC
2/3 Wheelers
Ola Electric Mobility Ltd

Price Impact