Ola Electric, in a strategic move to revolutionize the electric vehicle market, has officially launched its latest entry-level electric scooter, the S1X. With a compelling introductory price of just ₹79,999, the S1X sets out to challenge the dominance of traditional internal combustion engine counterparts.
During a customer event hosted at the Ola Future Factory in Krishnagiri (Tamil Nadu), company founder and CEO, Bhavish Aggarwal, unveiled not only the S1X but also previewed an exciting lineup of four electric motorcycles, all slated for release by the close of 2024.
The S1X electric scooter offers three distinct variants: the standard S1X with a 2KWh battery, an enhanced S1X with a 3KWh battery, and the feature-rich S1X+ which also features a 3KWh battery. Aggarwal highlighted the impressive connected features of the S1X+ during the event.
For the first week, the introductory price of the S1X with the 2KWh battery will be ₹79,999, after which it will be priced at ₹89,999. The S1X with the 3KWh battery variant will start at an introductory price of ₹89,999 for the initial week, and afterward, it will be available for ₹99,999. The premium S1X+ variant, featuring additional connected capabilities, debuts at ₹99,999 during the introductory week and will subsequently retail for ₹1,09,999. Pre-orders are open immediately, and deliveries are set to commence by December. Designed to cater to daily commutes spanning 10-20 km, the entry-level electric scooter promises an eco-friendly and cost-effective solution.
Distinguishing the S1X and S1X+ models primarily through software and connectivity enhancements, Aggarwal emphasized that the S1X boasts a remarkable range of 151 kilometers on a single charge, achieving a top speed of 90 km/hour.
Aggarwal boldly asserted, “These scooters symbolize the end of the era of traditional combustion engine scooters.” He emphasized the financial advantages of owning an electric scooter over its internal combustion engine counterpart.
With a dedicated focus on accelerating India’s electrification leadership, Ola Electric aims to bring about a seamless transition. Aggarwal stated, “By leveraging in-house developed core technologies, localized supply chains, manufacturing expertise, and economies of scale, we are committed to achieving cost parity between internal combustion engine vehicles and electric vehicles.”
Additionally, Ola Electric introduced the second-generation S1Pro, priced at ₹1,47,499 (ex-showroom). Bookings are open immediately, and deliveries are scheduled to commence from mid-September.
The comprehensive Ola Electric portfolio now includes the S1X (2KWh), S1X, S1X+, S1Air, and S1 Pro, spanning price points from ₹89,999 to ₹1.47 lakh.
Ola Electric’s aspirations don’t stop at scooters; the company also showcased its exciting lineup of four electric motorcycles—Diamondhead, Adventure, Roadster, and Cruiser—at the event.
Aggarwal proudly announced, “I’m thrilled to announce the global debut of Ola’s electric motorcycles, planned for the latter part of 2024. These motorcycles, meticulously designed and engineered in-house, mark Ola’s foray into the future of motorcycling.”
Underscoring their commitment to quality, Aggarwal confirmed that these motorcycles will be manufactured in India for a global audience.
The company didn’t stop at vehicle introductions; it also unveiled the MoveOS4 update, encompassing over 100 enhancements and more than 20 new features, including Ola Maps, hill descent assistance, find my scooter, and advanced geographic and time-based control mechanisms.