Category: Scooter Price

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By Lokmat English office | Posted: September 15, 2021 9:32 PM2021-09-15T21: 32: 41 + 5: 302021-09-15T21: 32: 41 + 5: 30

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Ola Electric postponed the process of selling its S1 electric scooter until September 15 for a week because it faced “technical difficulties” in making the shopping website live for customers on Wednesday. The company last month launched the Ola S1 electric scooter in two variants – S1 and S1 Pro – at Rs 99,999 and Rs 1,29,999, respectively (ex-showroom with FAME II subsidy and excluding state subsidies ).

He had announced that the scooter would be available for purchase from September 8 and that actual deliveries would begin in October.

In a late-night statement on Twitter, Ola Chairman and CEO Bhavish Aggarwal said the buying process had been delayed for a week and would begin from September 15.

“We made a commitment to start shopping today for our Ola S1 scooter. But unfortunately, we encountered many technical difficulties in keeping our shopping website alive today.

“I want to apologize to all of you, who had to wait several hours. The website just did not live up to our quality expectations. I know we have disappointed you and I am sorry. Sincerely apologies to all of you for what was clearly a very frustrating experience, ”he said.

The company has implemented a fully digital shopping journey, including a fully digital lending process without any paperwork, Aggarwal customers informed.

“We wanted to deliver this first of its kind digital shopping trip and today we were unable to do so. It will take us another week to deliver the right experience to you. I want to let you know that we will now begin our purchase on September 15th, 8am.

“Your reservation and your position in the purchase queue remain unchanged, so if you booked first, you will still be able to purchase it first. Our delivery dates also remain unchanged,” he noted. .

Ola Electric had opened pre-launch bookings for its electric scooters in July for Rs 499 and had received 1 lakh of orders in just 24 hours. However, the company has not disclosed the number of orders it has received so far.

On August 15, the company officially announced its foray into the green mobility space with the launch of its first electric scooter, Ola S1.

The scooter is available in 10 colors with an in-house developed 8.5 KW motor and 3.97 kWh batteries. Ola sets up a manufacturing plant, spread over 500 acres, in Tamil Nadu.

The company had said that it would initially start with an annual production capacity of 10 lakh, then increase it to 20 lakh, in line with market demand, in the first phase.

When fully completed, Ola Electric said its plant would have an annual capacity of one crore of units, “or 15% of total world two-wheeler production.”

Ola Cabs, Indian major in public transport, has launched their first electric scooter at Rs 1 lakh for the base model Ola Electric S1.

Bhavish Aggarwal, the co-founder of Ola Cabs has been tirelessly teasing and promoting the startup’s new electric scooter for a while and finally the prices have been announced. Unsurprisingly, Ola Electric has attracted good traction among electric scooter buyers in India.

The new electric scooter is offered in two variants – the Ola Electric S1, priced at Rs 1 lakh and the pepier Ola Electric S1 Pro which costs Rs 1.30 lakh. If you live in a state that offers monetary benefits for electric vehicles, you can save up to Rs 20,000. People who have already reserved a slot now have the option of purchasing the scooters. The whole process is completely digital and those who want to see the scooter in the flesh will have to wait a bit. This is strictly on a first come, first served basis and the window will only stay open while supplies last. EMIs start at Rs 2,999 for the Ola S1 and Rs 3,199 for the Ola S1 Pro.

Here is the pricing by state:

Battery and electric motor

Both the Ola Electric S1 and the Ola Electric S1 Pro are powered by an 8.5 kW (11.6 hp) electric motor with a continuous output of 5.5 kW (7.5 hp), which makes them makes as powerful as sporty IC scooters like the Aprilia SR 160. S1 gets a 2.98 kWh, non-removable lithium-ion battery pack compared to the Pro’s 3.97 kWh battery. And for a full charge, the smaller battery takes 4:48 hours, while the Pro takes a good 6:30. Interestingly, by using a fast charger, you can get enough juice for 75 km in just 18 minutes. While the S1 promises to reach a top speed of 90 km / h with a range of 121 km, the S1 Pro can go up to 115 km / h and return to a range of 181 km. In the exclusive “Hyper” mode, the S1 Pro claims to hit 60 km / h in 5.0 seconds, which is about 2 seconds faster than the S1 which only gets the standard “Normal” and “Sport” modes. These numbers should make the Ola electric scooter a decent city ride.

Cycle rooms
Both Ola electric scooters are based on the same cycle parts, including a tubular frame, a single telescopic arm at the front and a single shock absorber at the rear. The electric scooter runs on 12 inch alloys shod with 110/70 R12 tires, which seems commensurate with the overall dimensions. Braking is handled by discs at both ends, with a 220mm disc up front and 180mm disc at the rear wheel, offered with CBS’s safety net. However, we would have liked to see ABS at least on the high-end finish. In terms of body color, the Ola Electric S1 comes in five non-metallic options, while the S1 Pro has a choice of five additional metallic colors. In terms of practicality, there’s a fairly usable 36-liter under-seat storage space, an accessible seat height of 792mm and ground clearance of 165mm should be enough to tackle most urban challenges.

Characteristics
There is a long list of amenities, including some standard features like proximity lock / unlock, remote start unlock, anti-theft alert, geolocation, smartphone connectivity with in-car navigation, Limp Home and reverse modes. Meanwhile, Hill Hold, cruise control and voice assistance are offered exclusively with the higher-end Ola Electric S1 Pro.

Although India’s two-wheeler landscape is dominated by internal combustion engine models, there has been growing interest from established conventional manufacturers and several start-ups in the electric mobility space. Building on this growing demand, Ola Electric will fight against established models like the Bajaj Chetak, TVS iQube and Ather 450X. Apart from that, Ola Electric aims to install charging stations in 100 cities in the first year of their operations.

Ola Cabs, Indian major in public transport, has launched their first electric scooter at Rs 1 lakh for the base model Ola Electric S1.

Bhavish Aggarwal, the co-founder of Ola Cabs has been tirelessly teasing and promoting the startup’s new electric scooter for a while and finally the prices have been announced. Unsurprisingly, Ola Electric has attracted good traction among electric scooter buyers in India.

The new electric scooter is offered in two variants – the Ola Electric S1, priced at Rs 1 lakh and the pepier Ola Electric S1 Pro which costs Rs 1.30 lakh. If you live in a state that offers monetary benefits for electric vehicles, you can save up to Rs 20,000. People who have already reserved a slot now have the option of purchasing the scooters. The whole process is completely digital and those who want to see the scooter in the flesh will have to wait a bit. This is strictly on a first come, first served basis and the window will only stay open while supplies last. EMIs start at Rs 2,999 for the Ola S1 and Rs 3,199 for the Ola S1 Pro.

Here is the pricing by state:

Battery and electric motor

Both the Ola Electric S1 and the Ola Electric S1 Pro are powered by an 8.5 kW (11.6 hp) electric motor with a continuous output of 5.5 kW (7.5 hp), making it makes it as powerful as sporty IC scooters like the Aprilia SR 160. S1 gets a 2.98 kWh, non-removable lithium-ion battery pack compared to the Pro’s 3.97 kWh battery. And for a full charge, the smaller battery takes 4:48 hours, while the Pro takes a good 6:30. Interestingly, by using a fast charger, you can get enough juice for 75 km in just 18 minutes. While the S1 promises to reach a top speed of 90 km / h with a range of 121 km, the S1 Pro can go up to 115 km / h and return to a range of 181 km. In the exclusive “Hyper” mode, the S1 Pro claims to hit 60 km / h in 5.0 seconds, or about 2 seconds faster than the S1 which only gets the standard “Normal” and “Sport” modes. These numbers should make the Ola electric scooter a decent city ride.

Cycle rooms
Both Ola electric scooters are based on the same cycle parts, including a tubular frame, a single telescopic arm at the front and a single shock absorber at the rear. The electric scooter runs on 12 inch alloys shod with 110/70 R12 tires, which seems commensurate with the overall dimensions. Braking is handled by discs at both ends, with a 220mm disc up front and 180mm disc at the rear wheel, offered with CBS’s safety net. However, we would have liked to see ABS at least on the high-end finish. In terms of body color, the Ola Electric S1 comes in five non-metallic options, while the S1 Pro has a choice of five additional metallic colors. In terms of practicality, there’s a fairly usable 36-liter under-seat storage space, an accessible seat height of 792mm and ground clearance of 165mm should be enough to tackle most urban challenges.

Characteristics
There is a long list of amenities, including some standard features like proximity lock / unlock, remote start unlock, anti-theft alert, geolocation, smartphone connectivity with in-car navigation, Limp Home and reverse modes. Meanwhile, Hill Hold, cruise control and voice assistance are offered exclusively with the higher-end Ola Electric S1 Pro.

Although India’s two-wheeler landscape is dominated by internal combustion engine models, there has been growing interest from established conventional manufacturers and several start-ups in the electric mobility space. Building on this growing demand, Ola Electric will fight against established models like the Bajaj Chetak, TVS iQube and Ather 450X. Apart from that, Ola Electric aims to install charging stations in 100 cities in the first year of their operations.

The highly anticipated Ola electric scooter price in India and specifications have been announced. The company presented two scooters, called Ola S1 and Ola S1 Pro. Both scooters serve the premium electric scooter market, but it is the Ola S1 that is likely to attract more buyers, possibly due to its slightly affordable price compared to the Ola S1 Pro. The Ola S1 electric scooter will be retailed in India at an ex-showroom price of Rs 99,999 – excluding state subsidies. The scooter, with its big brother Ola S1 Pro, will be available for purchase starting September 8, with October shipments to 1,000 cities. We take a look at some of the Ola S1’s competitors here in this article which is likely to make its course a bit bumpy in the market.

Ola S1 specifications, price in India at a glance

5 electric scooters that will compete with Ola S1

1. Ather 450 Plus and 450x

Ather Energy’s Ather 450 series is one of the most influential pure EV scooters in India and is quite proudly grown here unlike most others in the segment. The Ather 450 Plus and the 450x are the members of the range where the 450x is more performance oriented of the two. The Ather 450 has benchmark acceleration times, a claimed range of 116 km (actual range approx. 80 km), support for fast charging, an IP67 rated battery with a 3 year warranty and a Decent storage of 22 L. The design 450 approaches with a modern look executed with taste and offers interesting color combinations. The Ather 450 uses a cast aluminum frame and weighs just 108kg (for comparison, Ola S1 Pro weighs 125kg).

The Ather 450 range is already on sale in 11 cities with more to follow. The Ather 450 also hosts connected technology, for which you have to pay on a quarterly or annual basis. The Ather 450 battery is guaranteed for 3 years / unlimited kilometers. The price offers are as follows.

Vehicle price: The Ather 450 Plus was sold for Rs 1,68,989 in India (ex-Bangalore showroom excluding FAME II subsidy), while the Ather 450x sells for Rs 1,87,999 (ex-showroom Bengaluru exhibition outside FAME II subsidy). The scooters come with a few connectivity plans including Ather Connect Lite which costs Rs 400 / quarter or Rs 1,500 / year and Ather Connect Pro, which will get you back to Rs 700 / quarter or Rs 2,400 / year.

2. Bajaj Chetak

The Chetak of yesteryear is back and this time with a modern, purely electric drivetrain. The Chetak is branded without the Bajaj tag, to appeal to old and new customers. The Chetak is one of the more expensive scooters on the market and also lacks the allure of the new generation when it comes to technology and other modernities. Chetak avoids bragging about acceleration times, but being an electric vehicle, it should be pretty good for the city. That said, the Chetak looks more conventional with its modern-retro swoopy design, 6 color options and of course the brand name. The Chetak also promises an IP67 certified body, LED headlights, a claimed range of 90 km, steel body panels and a good guarantee of a well-established after-sales network.

The Chetak is stepping back in time with its basic digital console and no proper connectivity tech underneath. It also means that there is no subscription to pay regularly once you buy this scooter. Chetak de Bajaj also promises a 3 year / 50,000 km warranty. This surprisingly pulls up to 7 years / 70,000 km provided the user never lets the battery drop below 15% and uses the vehicle regularly.

Vehicle price: The price of Chetak Urbane in India is set at Rs 1,000,000 (ex-Delhi showroom), while Chetak Premium costs Rs 1,15,000 (ex-Delhi showroom).

3. iQube TV

The TVS iQube is an attempt by a traditional large-scale two-wheeler manufacturer and it shows. The approach is safe even if it lacks imagination and is clearly designed to appeal to a much larger audience who would prefer the TVS brand to other newcomers to the segment. The TVS iQube hosts a decent albeit generic EV powertrain with a claimed range of just 75 km in eco mode. Acceleration times are in the order of 4.5 seconds and the top speed is 78 km / h. The iQube also uses a base 3 Li-ion battery set and a low-power 4.4 kW motor. The design is also quite original with rounded square shapes throughout. Also from a construction point of view, iQube is playing it safe with basic mechanics. The iQube is however IP67 certified and tips the scales at a moderate weight of 118kg.

The TVS iQube battery gives you a 3 year / 50,000 km warranty. Upon purchase, TVS offers a lifetime subscription to SmartXonnect basic features, a one-year subscription to RSA, and a one-year subscription to SmartXonnect Advanced. The iQube is available in 6 cities.

Vehicle price: iQube comes with a sticker price of Rs 1,00,777 (on Delhi route). The scooter also comes with a SmartXonnet Advanced subscription, which costs Rs 900 / year.

4. HX Electric Photon Hero

The Hero Electric Photon HX looks like it’s a generation or two in terms of styling and powertrain. The unimpressive numbers, the quirky or downright ugly style, the lack of new-age features, the bizarre colors don’t appeal to the heart or the mind. The Photon HX has a meager top speed of 45 km / h, so it’s virtually impossible to get a speeding ticket. The only decent thing to brag about is a claimed range of 108 km. Hero’s lack of connected features and odd, uninteresting marketing doesn’t sweeten the deal for what is currently the most expensive EV two-wheeler in Hero’s portfolio. The only saving grace, if any, is Hero’s healthy reseller and service network.

Vehicle price: Hero Electric Photon HX is priced at Rs 71,440 in India (ex-Delhi showroom)

5. Simple

One of the most promising upcoming electric scooters and a worthy rival to the Ola S1 and S1 Pro scooters will be the Simple One from the home of another startup, Simple Energy. Although currently in a pre-production state, but Simple Energy has started to accept pre-bookings, the scooter has high claims matching and even exceeding the likes of the Ola S1 and S1 Pro. The Simple One claims the fastest 0-40 km / h time in 2.95 seconds while promising a claimed range of 236 km. The Simple One has a removable battery which makes the scooter easier and faster to charge and it achieves this while having 30L of trunk space. The Simple One claims to be 99% localized to keep prices in check.

Vehicle price: The Simple One is priced at Rs 1.09,999. Delivery is expected to begin by the end of this year.

Ola S1 Electric Scooter Specifications Comparison

The electric two-wheeler scene in India is buzzing with activity these days. New products are launched one after another, providing customers with a variety of options to choose from. Now, Bengaluru-based electric vehicle start-up Simple Energy has entered the fray with its One electric scooter. Here are some important details you need to know about the highly anticipated Simple One.

Price of the Simple One electric scooter

Simple Energy priced the One electric scooter at Rs 1.09,999 (ex-showroom).

Features of the Simple One electric scooter

The Simple One has a full LED lighting setup with an LED headlight, LED tail light and LED turn signals. This is a 4G compatible electric scooter with Bluetooth connectivity. There is a 7 inch touchscreen dashboard. Among its outstanding features are on-board navigation, geolocation, remote telemetry, music and call control, document storage and tire pressure monitoring system. It can also receive OTA updates.

Simple One Electric Scooter Color Options

The Simple One comes in four colors: Azure Blue, Brazen Black, Grace White and Namma Red.

Simple One Electric Scooter Motor, Top Speed, Other Specifications

The Simple One is equipped with a 7kW permanent magnet synchronous motor which is tuned to produce 72Nm of maximum torque. The motor can push the electric scooter from standstill to 40 km / h in 3.05 seconds (claimed). Depending on the size of the tires, the maximum speed is 98 km / h or 105 km / h (claimed). There are four riding modes: Eco, Ride, Dash and Sonic.

The One electric scooter is based on a tubular steel frame with telescopic suspension at the front and progressive monoshock symmetrically mounted at the rear. It receives 12-inch alloy rims shod with tubeless tires. There is a disc at the front (200 mm) and at the rear (190 mm). Combined braking and regenerative braking systems are also available.

Simple Energy claims to have developed and patented the powertrain and braking systems of the One electric scooter in-house.

Simple One electric scooter battery, range, charge

The Simple One’s motor is associated with a 4.8 kWh lithium-ion battery. The battery is removable and weighs 7 kg. According to IDC (Indian Drive Cycle), the range of the electric scooter is 236 km. According to the test carried out by Simple Energy, it is 203 km.

The battery can be charged 0-80% at home using a 15A outlet in 2.45 hours. Fast charging can recharge the battery for 2.5 km in one minute. Simple Energy recently introduced the Simple Loop charging network for public charging as well as home charging. It aims to launch more than 300 charging stations over the next seven months in 13 states.

Dimensions of the Simple One electric scooter

The Simple One is 1833mm long, 768mm wide and 1280mm high (with mirrors). Its wheelbase is 1,300 mm and the seat height is 775 mm. The wading pool limit is 300 mm. The empty weight of the electric scooter is 110 kg. The trunk can hold 30 liters of luggage.

Simple One Electric Scooter Reservations

Simple One was initially launched across Delhi and 12 states – Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, Kerala, Maharashtra, Madhya Pradesh, Rajasthan, Goa, Uttar Pradesh, Gujarat and Punjab. Reservations can be made for a symbolic amount of Rs 1,947.

Simple One Electric Scooter Grant

The Simple One electric scooter is eligible for a grant under the second phase of the FAME India program. Customers can also get grants from the state.

BENGALURU: Ola Electric launched the S1 and S1 Pro electric scooters on Sunday at Rs 99,000 and Rs 1.29 lakh (ex-showroom) respectively.
Available in 10 colors in satin, matte and gloss finishes, Ola S1 comes with dual headlights, an ergonomic and fluid body, premium alloy rims, sculpted seats and the largest trunk space that fits comfortably with two helmets.
The S1 Pro variant sets new benchmarks in the industry with a range of 181 kilometers, acceleration from 0 to 40 km / h in 3 seconds and a top speed of 115 km / h.
It has a battery capacity of 3.97 kWh, over 30% higher than the next closest EV, and the most powerful motors in the class with 8.5 KW of peak power.
Ola S1 also comes with a proprietary Battery Management System (BMS) that actively works to monitor the battery for optimal durability, performance, range and safety.

It does not have a physical key and pairs with your phone thanks to its “digital key” function. This lets it know when you’re nearby and automatically unlock. It will also lock as you move away. It has a multi-microphone array, built-in AI speech recognition algorithms, and one of the sharpest and brightest 7-inch touchscreens.
With our in-house MoveOS, customers can not only change the look and feel of the screen, but also the sound of the scooter. It will have four moods at launch – Bolt, Care, Vintage and Wonder, and will deliver a personalized vehicle sound experience.
It will also come with three driving modes – Normal, Sport and Hyper. Ola S1 has an anti-theft alert system, geographic fence and a fireproof, water and dust resistant battery.
It also has front and rear disc brakes and a “Hill Hold” function which makes it easier to drive in traffic and navigate on slopes.
110/70 R12 tires, single-shock rear suspension and single-fork front suspension provide far superior road grip. It has a cruise mode which makes driving comfortable and convenient and a reverse mode which makes it easier to park and get out of tight spaces.
With a sturdy grab bar for added safety, a side step and sculpted seats, passenger passengers will also love the comfort of their ride. The scooters also come with voice recognition that lets you quickly complete your key tasks without having to worry about navigating the menu.
In states with active subsidies, Ola S1 will be much more affordable than many gasoline scooters. For example, after the state subsidy in Delhi, the S1 would cost only Rs 85,009 while in Gujarat it would only cost Rs 79,000. Ola has also partnered with banks and financial institutes to an EMI plan starting at Rs 2,999.
The first phase of Futurefactory is almost complete and Ola S1 will be purchased from September 8, 2021. Ola Electric will start delivering to 1000 towns and villages in October.

Bangalore: Big electric vehicle maker Ola unveiled its long-awaited S1 and S1 Pro electric scooter models on Sunday, which, while lowering the price of offers from competitors Ather Energy, Bajaj Auto and TVS Motors, still promise greater range and performance. higher performance.

Starting at a price of Rs 99,999, which includes FAME II subsidies but omits state-level subsidies, and going up to Rs 1.29,999 for the Pro model, Ola said he would start. to authorize buyers to buy its vehicles from September 8, with the first deliveries starting in October in 1,000 towns and villages in India.

Ola, who will manufacture the vehicles at its Krishnagiri plant in Tamil Nadu, said it will soon have a production capacity of one million vehicles and is confident it can fulfill pre-orders for its electric scooter models in the near future. over the next few months. Ola said she received more than a lakh of pre-reservations for her scooter in the first 24 hours after reservations opened to the public.

“The S1 and S1 Pro are industry-leading products with best-in-class range, speed and cost,” said Bhavish Aggarwal, founder and CEO of Ola. “We have seen a demand for this vehicle from everywhere, and of course also from big cities, because the scooter is a product of urban mobility. ”

The top of the range Ola S1 Pro will have a 3.97 kilowatt-hour (KwH) battery with a range of 181 kilometers and a top speed of 115 kilometers per hour. While Aggarwal said buyers can expect 85% of this range in real life conditions, he added that it was still twice what competitors in the market were offering today.

The cheaper S1 gets a smaller 2.98 kWh battery, which is even larger than that offered in the Ather 450X, Bajaj Chetak or TVS iQube scooters, which will give the S1 a range of 121 kilometers, while its speed of peak will be limited to a 90 km / h.

Ola will also roll out a home service network in every city where it sells its electric vehicles and said buyers can expect a 40% lower total cost of ownership for its electric vehicles compared to gasoline scooters on the market. market today.

The company‘s scooters will also come with plenty of futuristic features like keyless lock / unlock, different modes and profiles for different riders, and even allow riders to set moods that will change the sound and display graphics. Both models will also benefit from a reverse mode and hill-hold assistance.

“Only around 160 million people in India own a two-wheeler today and this will increase dramatically. While we need our people to have mobility solutions, we can’t let that be gasoline vehicles. The only way out is to accelerate this electric journey and that is the vision with which we started Ola Electric, ”said Aggarwal.

Aggarwal, who has also taken on giants such as Tesla and Hyundai at the request of the Indian government to reduce import tariffs on electric vehicles, saying it would hurt the development of India’s own electric vehicle manufacturing plans, also said that India should consider switching to 100% electric two-wheelers by 2025, with the country having the capacity to capture 50% of global two-wheeler demand by then.

He added that “the market is ready, the consumer is ready, it’s just that companies are not ready” when it comes to offering electric vehicles and Ola was looking to accelerate that by launching competitive products. globally in the sector. He also said that Ola would make a profit sooner than everyone expects from her electric vehicle manufacturing business.

Simple Energy, a Bengaluru-based electric vehicle maker, will launch its first scooter this month. Dubbed Simple One, this electric scooter goes on sale here on August 15 and will also be available for reservation the same day. Ahead of the launch of Simple One, the electric vehicle maker shared some important details about the vehicle. The Simple One was initially to be available in Bengaluru, Chennai and Hyderabad, followed by other regions later. However, the company has now decided that the electric scooter will also be launched in Karnataka, Tamil Nadu, Andra Pradesh, Telangana, Kerala, Maharashtra, Madhya Pradesh, Delhi, Rajasthan, Goa, Uttar Pradesh, Gujarat and Punjab. This became possible because the company had started work on the manufacturing unit in Hosur, Tamil Nadu, which will have an annual production capacity of up to 1 million units.

The most important detail about Simple One, however, is the price range; the company has officially revealed that the price of Simple One in India will be between 1.1 lakh and 1.2 lakh. This puts it close to rivals like Bajaj Chetak Electric, TVS iQube, and Ather Plus.

Suhas Rajkumar, Founder and CEO of Simple Energy, said, “We have received many requests from many Indian cities to reserve the vehicle. The company felt the need to respond to these demands and launch the Phase 1 plan. We are also starting PAN India pre-bookings on launch day. The future is definitely cleaner and greener for Simple Energy. “

As already revealed, the Simple One will have a 4.8 kWh lithium-ion battery that will provide a range of 240 km / charge in Eco mode. The electric scooter will also be able to sprint from zero to 50 km / h in 3.6 seconds and reach a top speed of 100 km / h. What’s interesting to note is that the Simple One will get a removable battery, which will make it easier for the owner to carry the battery to the charging point. Other features available on this electric scooter will include a seven-inch touchscreen instrument cluster with built-in navigation, Bluetooth, and more.

The very popular Ola electric scooter is expected to launch in a price range of Rs 85,000 to Rs 1.1 lakh. “The bulk of the internal combustion engine (ICE) scooter market in India is between Rs 85,000 and Rs 1.1 lakh on the road, and this is where we will be positioning our range of electric scooters,” said Varun Dubey, marketing manager of Ola Electric. Commercial standard report.

The price range represents 70 percent of sales of conventional ICE scooters in the country. “We are addressing the entire two-wheeler market in the country, which is around 21 million per year. We see no reason why customers will not switch to electricity, ”he added to the business daily.

With this move, Ola’s goal is to get 50% or more of the total market for ICE two-wheelers and electric vehicles, Dubey said.

Currently, the total two-wheeler market stands at 21 million vehicles per year, of which 6.5 million are scooters, while the rest are mostly motorcycles.

Ola Electric said on Saturday that they had received around 1 lakh of reservations for their next scooter within 24 hours of starting the process. The company had opened the reservation for its electric scooter on the evening of July 15.

Ola claims that the electric scooter would be the leader in its class in terms of speed, range, trunk space as well as technology.

Ola plans to reveal the features and price of the scooter in the coming days.

The scooter will be made in India for the world. It is said to be manufactured at the company’s two-wheeler factory, which is currently being built in Tamil Nadu. The first phase of the Ola Futurefactory is nearing completion and will soon be operational, while the full capacity of 10 million vehicles per year will be built by next year.