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Ola Electric has said that the new range of scooters offers durable, reliable, affordable, and flexible solutions, including removable batteries, fulfilling personal and commercial use cases of rural, semi-urban, and urban customers
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The company reported 43% increase in net loss at Rs 495 crore in the July-September period, from Rs 347 crore in the previous quarter
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Through the ‘BOSS of All Savings’ offer, Ola Electric is allowing customers to save up to Rs. 15,000 on the purchase of an Ola S1, with potential annual savings of up to Rs. 30,000 due to lower running and maintenance costs compared to an ICE vehicle.
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The automotive testing agency, functioning under the Ministry of Heavy Industries, has requested clarification from the EV company regarding the price reduction for its S1 X 2 kWh electric two-wheeler in the recently announced sale.
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In a stock exchange filing, the EV company admitted that it has received a show-cause notice from the Central Consumer Protection Authority
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The company launched Roadster, Roadster X and Roadster Pro electric motorcyles, with prices starting from Rs 74,999, Rs 1,04,999 and Rs 1,99,999, respectively. It also teased two upcoming motorcycles – Sportster and Arrowhead.
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The affordable price points, coupled with an 8-year/80,000 km extended battery warranty at no extra cost, make the S1 X scooters one of the most attractive EV propositions available in the market currently.
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The new S1X 4kWh will clock top speed of 90 Km/h with a quick acceleration of 0-40 Km/h in 3.3 secs.
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Ola Electric recently expanded its scooter portfolio to five products. S1 Pro (2nd Generation) is priced at Rs. 1,47,499, while S1 Air is available at Rs. 1,19,999.
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Ola Electric clocked its highest ever monthly registrations during the month and posted a year-on-year (Y-o-Y) growth of 74% compared to the same month last year.
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Under the campaign starting December 3, the all new S1 X+ is now available with a flat Rs 20,000 discount, bringing down the cost of S1 X+ to Rs 89,999
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Aggarwal also said that going forward, the electric vehicle company may not showcase their products to journalists before the official launch
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New Delhi: Ola Electric has seen two more top-level exits, as it plans for an initial public offering (IPO) in early 2024, the media reported on Saturday. According to a report in Money Control, Slokarth Dash who is head of strategy and planning, and Saurabh Sharda, head of growth and corporate affairs, have moved on. […]
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The purchase window for the Ola S1 Air will open in February 2023, and deliveries are scheduled to commence from early April next year.
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Hyderabad: In a significant development that could herald self-reliance in production of electric vehicle batters in India, Ola Electric has succeeded in making a Li-ion cell indigenously. The success in making the Lithium Ion cell was announced by the Ola Electric CEO Bhavish Aggarwal on Twitter on Monday. “The cell is the heart of the […]
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New Delhi: As customers delay purchasing electric two-wheelers amid fire incidents, Ola Electric again saw its registration dipping in the month of June, taking the company to fourth place in the overall category. Bhavish Aggarwal-run Ola Electric saw 5,869 electric scooters’ registrations (as of June 30), according to the VAHAN data. The June tally for EV […]
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New Delhi: In yet another tragic incident involving Ola Electric’s controversial ‘reverse mode’, a 65-year-old man in Jodhpur suffered serious injuries after the Ola e-scooter unexpectedly went into a reverse mode at full speed. Pallav Maheshwari, who is the son of the victim and returned to India last year and was ‘ecstatic’ about the country’s EV […]
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New Delhi:As the electric e-scooter maker Ola Electric faces government scrutiny and consumer complaints, a couple of its top-notch executives have quit, the latest being its chief marketing officer Varun Dubey. The company confirmed to IANS that Dubey is leaving the company due to “personal reasons”. Earlier, Dinesh Radhakrishnan who was the chief technology officer […]
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New Delhi: In what could put EV two-wheeler manufacturers in a tough spot, the preliminary findings from the government-constituted probe committee on electric vehicle (EV) fires have found issues with battery cells/design in nearly all of the electric two-wheeler (2W) fire incidents in the country. The committee was constituted last month in the wake of […]
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New Delhi: Ola Electric has grabbed the top spot in the fast-growing electric vehicle (EV) market in India, in just five months of launching its first e-scooter. According to the government’s Vahan portal data, Ola registered 12,689 e-scooter units in April, higher than the previous segment leader, Hero Electric. Ola registered 39 per cent growth […]