Ola Electric, the country’s leading electric vehicle manufacturing company, is offering huge discounts on its electric scooters on the occasion of 75th Republic Day. Ola Electric has announced special offers of up to Rs 25 thousand on its S1 Series. If you also want to buy an electric scooter with the best range, then this is the best opportunity.
Republic Day Offer of Ola Electric
These special offers will be applicable on the company’s electric scooter lineup till January 31, 2024. Ola Electric’s Republic Day offer includes 50 percent off on extended warranty and exchange bonus of up to Rs 2,000 on S1 Air and S1 Pro models.
Additionally, Ola Electric says buyers can avail up to Rs 5,000 off on select credit card EMIs, while the company offers a range of financial offers including zero down payment, zero-processing fee and interest rates starting at 7.99 per cent. Has been.
This is one of the most affordable electric scooters in this segment. It has a 3 kWh battery and its certified range is about 151 kilometers. S1 X+ has a 6 kW motor. It can reach speed of 0-40 kmph in 3.3 seconds. Its top speed is around 90 kmph. The company also plans to launch electric motorcycles and electric cars. Ola Electric had sold 30,219 electric scooters in December. The company claims that its share in this segment has reached about 40 percent. The company’s sales have increased by 74 percent in December.
Ola Electric’s sales increased by 68 percent to 83,963 units in the quarter ended December. The company has sold about 2.65 lakh units of electric scooters last year. It has also become the first company in this industry to manufacture four lakh electric scooters in two years of starting business. The company has made preparations to launch Initial Public Offering (IPO) soon. Its plan is to raise up to $700 million from listing in the stock market. Big investors like Singapore’s Temasek and Japan’s SoftBank have stake in the company. Ola Electric started selling electric scooters two years ago.
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