This promotion comes in time when Ola receives its IPO approval from Sebi
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This promotion comes in time when Ola receives its IPO approval from Sebi
Ola has launched a new campaign called "Ola Electric Rush," offering benefits of up to ₹ 15,000. This is offered on its S1 range of scooters. The campaign is valid until June 26, 2024, and the combination of discounts, free subscriptions, and extended warranties makes this an opportune time to consider going electric with Ola.
The biggest chunk of benefits is available on the S1 X Plus model. The S1 X Plus, originally priced at Rs. 89,999 (ex-showroom), can now be purchased for ₹ 84,999 with the flat discount of Rs. 5,000 offered during the campaign. Additionally, those opting for credit card EMIs can avail of a cashback of up to ₹ 5,000 and an exchange bonus of up to ₹ 5,000, further sweetening the deal. For those who prefer loans, select banks are offering an additional cashback of up to ₹ 5,000 on the S1 X.
Customers purchasing the S1 Pro and S1 Air models will receive a complimentary Ola Care+ subscription worth Rs. 2,999. These scooters are priced at ₹ 1,29,999 and ₹ 1,04,999 (ex-showroom) respectively, This subscription provides valuable services like annual comprehensive servicing, convenient pickup and drop facilities for servicing, roadside assistance in case of emergencies, and more, ensuring a hassle-free ownership experience. These models are also eligible for a cashback of up to ₹ 5,000 on select credit card EMIs.
The S1 X Plus prioritises range with its 3kWh battery offering the most distance at 151 km on a single charge. The S1 Pro finds a balance between power and affordability, packing a 4kWh battery for a 195 km range and a 5.5kW motor to hit a top speed of 120 kmph. Finally, the budget-friendly S1 Air uses a 3kWh battery, offering a 151 km range and likely sharing the 6kW motor of the S1 X models for a 90 kmph top speed.
Model | Price (INR) |
---|---|
S1 X (2 kWh) | 74,999 |
S1 X (3 kWh) | 84,999 |
S1 X (4 kWh) | 99,999 |
S1X+ | 89,999 |
S1 Air | 1,04,999 |
51 Pro | 1,29,999 |
Furthermore, Ola provides an industry-leading 8-year/80,000 km extended warranty on the battery at no extra cost. Those who desire even greater coverage can opt for additional warranty extensions at an extra cost. To facilitate faster charging at home, Ola also offers a 3KW fast charger accessory as a separate purchase. With the "Electric Rush" campaign, Ola is making its S1 scooters even more attractive to a wider range of customers.
Ola has recently disclosed in an IPO filing that deliveries of its electric bikes are slated to commence in the first half of the fiscal year (FY) 2026. This suggests a launch time frame between April and September 2025. Ola Roadster will lead the launch, followed by other models like the Diamondhead, Adventure, and Cruiser, all previewed in August 2023.
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