Ola Electric slashes S1 X scooter prices
Ola Electric on Monday reduced the prices of its S1 X range of scooters, as it works to extend its dominance over the electric two-wheeler market.
The price of the 4 kilowatt hour (kWh) variant of the S1 X has been reduced from Rs 1,09,999 earlier to Rs 99,999 now, while that of the 3 kWh version has been cut from Rs 89,999 earlier to Rs 84,999 now.
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Offering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisitIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitThe firm also slashed the price of the 2 kWh version of the scooter from Rs 79,999 to Rs 69,999. The vehicles would start seeing deliveries next week, it added.
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The reduction comes just over a week after rival Ather Energy launched a new range of scooters called Rizta, focused on the family market, with prices starting at Rs 1.09 lakh. The Rizta comes in 2.9 kWh and 3.7 kWh versions.
In March, Ola Electric saw its highest ever monthly sales with 53,184 registrations, according to the government’s transport portal Vahan. In FY24, Ola was the largest player in the market with a 35% share, followed by TVS Motors at 19% and Bajaj Auto at 12%.
In February, when launching the 4 kWh version of the S1 X, Ola had announced a slew of steps to help boost vehicle sales, including extending the warranty on all scooters to eight years, as well as the expansion of its fast-charging and
