Holi Special: Ola Electric Scooters Available With Massive Discounts

Ola Electric is offering a bunch of its scooters with attractive discounts to the tune of ₹26,750 on the occasion of Holi. These include the entire third-gen Ola S1 range, and Ola S1 Air, and the offer will be valid till March 17. While the nature of this discount offer has not been specified by Ola on its social media post, we expect that interested buyers can avail the same against the ex-showroom price of the scooters. 

As for the discount, all four third gen Ola S1 scooters – S1 Pro+, S1 Pro, S1X+, S1 X, are available with a discount of ₹26,000. For context, the scooters are priced at ₹1.55 lakh, ₹1.30 lakh, ₹1.12 lakh, and ₹80,000 (ex-showroom, Bengaluru), respectively. The S1 Air is available with a discount of ₹26,750 against its ex-showroom price of ₹1,07,499 (ex-showroom, Bengaluru), while the S1 X+ is available with a discount of ₹22,000. 

(Also Read: Ola Electric Showrooms Raided For Trade Certificate Violation, Vehicles Seized)

The announcement of this discount offer couldn’t have been timed well as Ola Electric is gradually recovering after a period of slow sales. The marque expects its EBITDA (earnings before interest, taxes, depreciation, and amortization) to breakeven for the first quarter of the new financial year. Additionally, its daily vehicle registration has also jumped by 50 fold in the recent year, reaching 860 units per day on March 10, against just the 16 units it sold one day in February 2025. While this growth is promising, Ola continues to face strong competition from the established players like Bajaj and TVS, who are currently leading the EV race in the country. But with a bigger portfolio, Ola Electric will look forward to gain some lost ground in the coming weeks.