KEY HIGHLIGHTS
- Ola S1 & S1 Pro has seen a price hike of Rs 15,000
- The S1 is now priced at Rs 1.15 lakh and the S1 Pro is priced 1.40 lakh
- This occurred following a reduction in the subsidy for the Fame 2 program
Ola Electric increased the price of its S1 and S1 Pro electric scooters by Rs 15,000 in response to the government's reduction of the Fame II two-wheeler subsidy. Manufacturers of electric two-wheelers began changing the prices of their product line as soon as the subsidy was reduced. Ola Electric, meanwhile, has chosen not to change the cost of its entry-level S1 Air electric scooter.
Also Read: Ola S1 Electric Scooter Customers To Get Refund - Here's Why!
Ola S1 & S1 Pro New Price
The price of the Ola S1 electric scooter increased from its previous price of Rs. 1.15 lakh to Rs. 1.30 (ex-showroom). However, the S1 Pro electric scooter, which was previously priced at Rs. 1.25 lakh, now costs Rs. 1.40 lakh (ex-showroom). The cost of the brand's entry-level S1 Air electric scooter hasn't altered, though.
The 3kWh battery pack that powers the Ola S1 electric scooter offers a range of up to 141 kilometres on a single charge. It is driven by 8.5 kW electric motors and has a top speed of 90 and 95 kilometres per hour, respectively.
A larger battery and an array of features are included with the Ola S1 Pro. It claims to have a riding range of up to 181 kilometres per charge due to its battery pack. It also has an 0-40 kmph time of just 2.9 seconds. 116 kmph is the claimed top speed. It has features like cruise control, proximity lock/unlock, Bluetooth smartphone connectivity, etc. that were installed by Ola.
Also Read: Road Signs Chart: A Comprehensive Guide For Drivers
Ola Electric To Refund Money
According to a recent report, Ola Electric has been billing customers for chargers that are offered separately in an unauthorised manner. The same source also asserts that Ola has been carrying out this practise since 2019. This is entirely unlawful and against the regulations. Ola would refund its consumers who have been harmed by this injustice a total of Rs 130 crores. Additionally, there are online allegations that ARAI will not continue to pursue this matter because Ola has already begun to reimburse its consumers for the money owing.
Verdict: The increase in price due to the reduction in subsidy has prompted manufacturers to raise the price of electric vehicles, which could discourage prospective buyers. You can join our 91Wheels Whatsapp Group for all of such latest updates from the automotive industry.
