Launched S1 X 4kWh a with a long range of 190 km at a price of INR 1,09,999; deliveries to commence from April 2024 onwards
Announced an industry first 8 year extended Battery Warranty at no extra cost
To install 10,000 Fast Charging Points by next quarter
Announced expansion of service network by 50% to ~600 service centres by April 2024
Bengaluru, February 02, 2024: In a major move to deepen the 2W EV penetration and offer a significant push to India’s electrification efforts, Ola Electric has today launched S1X 4kWh with a powerful 6kW motor and a long range of 190 Km. The all new S1X 4kWh is priced at INR 1,09,999 with deliveries starting April 2024 onwards. The company has also announced an industry-first extended battery warranty of 8 years or up to 80,000 km across all its products, addressing customer concerns about battery health and eliminating the biggest barrier to the EV adoption.
Bhavish Aggarwal – Founder, Chairman & MD of Ola Electric Mobility Limited, said: “Our latest initiatives spanning across products, service, charging network and battery warranty is a big leap towards breaking all barriers in EV adoption across the country. The all-new S1 X 4kWh is an extremely compelling value proposition with an extended range of 190 Kms at an highly accessible price point. Our 8 year extended battery warranty at no added cost coupled with the expansion of our service and charging network across India will set a new benchmark in the EV industry, and will elevate the ownership experience of all our customers.
With these initiatives, we have addressed all possible barriers to 2W EV adoption, and we are confident that these will further accelerate the transition to EVs across the country.”
As a company with deep R&D, engineering, and technology capabilities, we will continue to innovate and democratize EVs for all our customers.”
#EndICEAge with S1 X 4kWh: Unbelievable Range, Unbeatable Price
The new S1X 4kWh gets an IDC range of 190 kms with top speed of 90 Km/h with a quick acceleration of 0-40 Km/h in 3.3 secs. The scooter comes with a powerful 6kW motor and offers blistering quick performance and superior ride quality. S1X 4 kWh is aggressively priced at par with ICE models and caters to customers with different range requirements. The S1X is available in Red Velocity, Midnight, Vogue, Stellar, Funk, Porcelain white and Liquid Silver.
Built on the most-advanced and sophisticated Gen-2 platform, the S1 X range is designed for customers with different daily commute needs. The entire S1X range 4kWh, 3kWh, 2kWh is available for purchase start today at a price of INR 109,999*, INR 89,999*, INR 79,999* respectively. The deliveries of the same will start by April 2024.
Extended Battery Warranty
Launched the industry’s first 8 year/80,000 Kms extended battery warranty for the entire range of products at no extra cost. With this, the company has addressed the biggest barrier for EV adoption by extending the lifespan of the vehicles by 2X of ICE vehicles.
Over and above the extended warranty, customers can now also opt for Add-on warranty and increase the upper limit of the kilometers traveled up to 125,000 Kms. The Add-on warranty could be availed at a nominal starting price of INR 4,999.
Expansion of service network
Ola Electric has also unveiled the plans to expand its service network by 50% from the current 414 service centers to ~600 centers across the country by April 2024.
Additionally, the company has announced plans to ramp up its fast-charging network rapidly to 10,000 points by the next quarter. The company has also introduced a portable fast charger accessory of 3KW and is available for purchase at INR 29,999.
Ola Electric’s scooter portfolio now has six best-in-class products. Priced at INR 1,47,499, S1 Pro (2nd Generation) is the company’s flagship scooter while S1 Air is available at INR 1,19,999. The S1X has four variants – S1 X+, S1 X (4kWh), and S1 X (3kWh), S1 X (3Kwh) to cater to the requirements of riders with diverse preferences. The S1 X+ is available for purchase at INR 99,999.