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Ola Electric to raise e-scooter prices in next purchase window

by zee business
March 18, 2022
in Business
Reading Time: 4 mins read
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Ola Electrical has introduced that will probably be elevating costs of S1 Professional e-scooters within the subsequent buy window.

The agency is slated to begin the subsequent buy window on March 17-18, coinciding with the Holi pageant.

Ola CEO Bhavish Aggarwal made the announcement of the worth hike on his official Twitter deal with. There isn’t any point out of the precise vary of the worth improve.

“Due to all who’ve bought S1 Professional already and particular because of those that’ve purchased their 2nd or third S1 Professional. Final probability to get it for 129,999. We’ll be elevating costs within the subsequent window. This window ends 18th midnight! Purchase now, solely on the Ola app,” Aggarwal mentioned in a tweet.

The EV-maker additionally launched a brand new color variant through the third part of gross sales. The brand new Gerua color comes is restricted to this sale.

Ola S1 Professional has been priced at Rs 1,29,999 and the Ola S1 was priced at Rs 99,999.

Ola Electrical earlier introduced it has raised over $200 million from Tekne Personal Ventures, Alpine Alternative Fund, Edelweiss and others.

The most recent spherical values the corporate at $5 billion.

Over the past 12 months Ola Electrical has constructed the Future manufacturing facility which is now producing nearly 1,000 models of its S1 and S1 Professional electrical scooters per day, Aggarwal mentioned earlier.





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