Ola Electric has announced an extension of its discounts on the S1 lineup of electric scooters. Initially set to end in February 2024, the discounts of up to Rs 25,000 will now be available until the end of March 2024. The Ola S1 Pro, S1 Air, and S1 X+ models are currently available at reduced prices, making them more accessible to potential buyers.
Current Prices After Discounts
- Ola S1 Pro: Rs 1,29,999
- Ola S1 Air: Rs 1,04,999
- Ola S1 X+ (3kWh): Rs 84,999
- Ola S1 X (4kWh): Rs 1,09,999
- Ola S1 X (3kWh): Rs 89,999
- Ola S1 X (2kWh): Rs 79,999
Record Registrations in February 2024
Ola Electric has achieved a significant milestone by recording 35,000 registrations in February 2024. This is the highest number of registrations the company has seen in a single month, solidifying its position as the best-selling electric scooter in India. Over the past three months, Ola Electric has tallied approximately 100,000 registrations, with consistent figures above 30,000 registrations in December 2023, January 2024, and February 2024.
Comparison with Competitors
In comparison, the TVS iQube, another popular electric scooter, sold 17,959 units in February 2024. This represents a 15.7 percent growth compared to the same month in 2023, indicating a growing interest in electric scooters among Indian consumers.
The extension of discounts and the record registration numbers highlight the growing popularity of Ola S1 electric scooters in India. As the market for electric vehicles continues to expand, Ola Electric's strategic pricing and marketing efforts are paying off, making their S1 lineup an attractive option for eco-conscious riders looking for affordable and efficient transportation solutions.