For those who have made a reservation, Ola Electric’s S1 scooter will be available for purchase starting today, September 8. The Ola Electric S1 scooter may be purchased entirely online. “No visiting showrooms, no running around, nothing. Purchasing early gets you priority delivery. Also, the window stays open only until stocks last,” according to the Ola Electric blog. For the two variations — Ola S1 and Ola S1 Pro — buyers can choose from ten colours. The Ola e-scooter will be available for test rides and deliveries starting in October.
The Ola S1 costs Rs 99,999, while the Ola S1 Pro costs Rs 1,29,999.
The Ola e-EMIs scooters start at Rs 2,999 for the S1 model and Rs 3,199 for the S1 Pro model. Ola has also partnered with HDFC, IDFC First Bank, and TATA Capital to provide scooter loans. Customers using the Ola and Ola Electric apps will be able to apply for pre-approved loans through HDFC, while TATA Capital and IDFC First Bank will perform digital KYCs and deliver rapid loan approvals.
If your scooter isn’t financed, you’ll have to pay the balance a few days before it’s shipped. The Bengaluru-based company has also teamed with ICICI Lombard to offer consumers a ‘1-year Own Damage and 5-year Third Party’ registration policy. Add-ons such as Personal Accident Cover, Zero Depreciation, and Roadside Assistance are available. Aside from that, you can pay an advance of Rs 20,000 or Rs 25,000 for Ola S1 or Ola S1 Pro. The site further stated that the down payment and prepayment are refunded in the event of cancellation.
The battery on the Ola electric scooter is covered by a three-year warranty, while the vehicle is covered for three years or 40,000 kilometers, whichever comes first. Based on the Faster Manufacturing and Adoption of Electric Vehicles in India Phase 2 (FAME-II) subsidy, Ola e-scooters have been subsidized in Delhi, Gujarat, Maharashtra, Odisha, and Rajasthan.
