Ola Electric Announces Limited Period Discount on The S1 Electric...
- Oct 11, 2024
- Views : 719
The Central Government has reduced the Fame-II (Faster Adoption and Manufacturing of Electric Vehicles) subsidy with effect from June 2023, as a result of which several EVs have witnessed a steep price hike. For example, the Ola eleactric scooter is now dearer by Rs 15,000. Below is the updated price list of Ola’s electric offerings.
Model | Old Price | New Price | Difference |
Ola S1 Air | 99,999 | 1,09,999 | 10,000 |
Ola S1 | 1,14,999 | 1,29,999 | 15,000 |
Ola S1 Pro | 1,24,999 | 1,39,999 | 15,000 |
(Note: All prices ex-showroom, Bengaluru)
Fame-II subsidies, introduced in April 2019 to accelerate the adoption of electric vehicles, will be stopped gradually. And to mitigate the impact, manufacturers are making changes to their lineup. Ola, for instance, has discontinued its 2kWh variant as part of these adjustments. EV manufacturers now face the need to increase the localisation of electric vehicles in order to reduce costs and keep on offering competitive prices to customers.
Ola Electric Announces Limited Period Discount on The S1 Electric...
ZigOpinion: The Ola Saga And What Went Wrong?
Disgruntled Bike & Scooter Owners Gone Wild: Ola Showroom Burned &...
Next-Gen Ola Electric Scooter Platform: Here’s What The Ola S1...
Ola Electric To Use Own Battery Cells From 2025; Will Also Launch...
READ: New Ola Krutrim AI’s HILARIOUS Responses To Questions
Here’s What Ola Could Introduce This Independence Day
Ola S1 To Be Painted In 2 Snazzy New Shades This July
Ola S1 Lineup To Soon Get ANOTHER Variant
India's largest automotive community