Ola Electric will increase its price Ola S1 Pro Electric scooters after the end of the third purchase window. Ola CEO Bhavish Agarwal announced price hike on his official Twitter handle. There is no mention of the exact extent of the price hike.
In his tweet, Agarwal said, “Thank you to all those who have already bought the S1 Pro and a special thanks to those who have bought their second or third S1 Pro! Last chance to get it at 129,999. We will increase the prices in the next window.” This window ends at midnight on the 18th!😊
Buy now, only on Ola app!”
Ola S1 Pro third purchase window
The third purchase window opened today on March 17 and will remain open on March 18 as well. The EV-maker also introduced a new color variant during the third phase of sales. The new ocher color is limited to this sale only.
Thanks to everyone who has already bought the S1 Pro and a special thanks to those who have bought their second or third S1 Pro!
Last chance to get it in 129,999. We will increase the prices in the next window. This window ends at midnight on the 18th!😊
Buy now, only on Ola App! pic.twitter.com/I7FF0GlXQD
— bhavish agarwal (@bhash) 17 March 2022
Current Prices of Ola S1, Ola S1 Pro
The price of Ola S1 Pro has been kept at Rs 1,29,999 and the price of Ola S1 has been kept at Rs 99,999. There is no clarity on whether the price hike will be applicable on both the models. Prices, even after the hike, will vary depending on the state where the vehicle is being sold. It is important to note that the event Ola S1 is an S1 Pro under the hood. For now, Ola S1 Pro is also being offered to Ola S1 buyers.
Ola Electric also announced the timeline for the rollout of some of the electric scooter features it showcased during its launch last year. Bhavish Agarwal announced that the features will be rolled out through an over-the-air (OTA) update. These features will include navigation, cruise control, companion apps, Bluetooth and even performance improvements. The company had promised that most of the features would be rolled out in the first six months of the year.
Ola Electric is currently competing with the likes of Hero Electric, Ather Energy, Bajaj Auto and Okinawa Autotech. Many more EV brands are gearing up to enter the highly competitive segment of electric scooters. Recently, Ather also increased the prices of its scooters by starting charging buyers for charging equipment. The brand selling Ather 450X and Ather 450 Plus saw a price hike of around Rs 5,500.
Soon after the price hike of the Ola S1 Pro electric scooter, the company confirmed that first appeared on BGR India.