Ola Electric has reportedly sold 10,000 electric scooters in just three days after it announced a price cut, according to a report of Moneycontrol.
Ola slashed the prices of S1 X+, S1 Air, and S1 Pro last week.
Ola’s flagship model, the S1 Pro now comes in at INR 1,30 lakh (ex-showroom) – a significant cut of INR 17,500. It used to cost INR 1,47,500 lakh, ex-showroom, earlier.
The S1 Air got a slightly less but still significant cut of INR 15,000, bringing its new ex-showroom price to INR 1.05 lakh, compared to its earlier INR 1.20 lakh sticker price.
The steepest cut was for the Ola S1 X+, the most affordable model in the company’s lineup. A whopping INR 25,000 price cut has brought down the ex-showroom price of Ola S1X+ from INR 1.10 lakh to INR 85,000 – lower than many of its ICE competitors.
Meanwhile, Ola Electric has also introduced an 8-year/80,000 km extended battery warranty for its entire product lineup, without any additional charges. Moreover, Ola Electric revealed plans to expand its service network by 50%, increasing from the current 414 service centers to approximately 600 centers nationwide by April 2024.
