In a single day, Ola Electric S1 e-scooters worth Rs 600 crore were sold

Ola Electric scooter

Ola Electric scooter

The response to Ola Electric's decision to open a purchase window for its S1 and S1 Pro electric scooters has been tremendous. Ola Electric CEO Bhavish Aggarwal stated on Twitter that the company had sold e-scooters worth Rs 600 crore in a single day since the online purchase window opened on Wednesday.

Since the sale window opened on Wednesday night, Ola Electric and Aggarwal said that the firm had sold four units of their e-scooters every second. Aggarwal further stated that the units may be sold out shortly. On Thursday, Aggarwal in a blog post highlighted how the single-day sales volumes, in value terms, was ‘more than what the whole 2W industry sells in a day.’

Ola Electric has successfully generated a lot of hype around its initial product by highlighting its range, features, performance, and other parameters. The Ola S1 is priced at Rs. 1 lakh, while the S1 Pro is priced at Rs. 1.30 lakh. These costs are ex-showroom and will vary by state depending on available incentives.

The Ola S1 has a range of 120 kilometres, while the S1 Pro has a range of 180 kms. Other variations between the two trims also include colour possibilities on the S1 Pro - a total of ten - a higher top speed of 115 kmph, and a larger battery pack. Ola Electric follows a direct-to-home sales strategy and does not have any physical locations. Test rides and unit deliveries will begin in October, and Ola Electric has partnered with a number of financial institutions to provide loans and EMIs. The booking fee and any advance payments are refundable until the unit is sent from the firm's plant in Tamil Nadu to a customer's address, according to the company.

There's a lot of stuff going on in the Ola Electric factory too though. The facility, dubbed Future Factory, is intended to be the world's largest for e-scooters and will employ 10,000 women, making it the world's largest factory run entirely by women. The Ola Future Factory is expected to produce two million units per year when operational. The facility will serve as a distribution center for units destined for both the domestic and global markets.

Source: HT Auto



Virat Kohli

Virat Kohli hilariously mimics Shikhar Dhawan's signature batting posture

Virat Kohli has the ability to fascinate those who watch him in more ways than one. The Indian skipper is known for his performance on the pitch, but...

Fantasy Cricket tips

Fantasy cricket tips for Sri Lanka U-19 vs Bangladesh U-19

Sri Lanka Under-19 will play Bangladesh U19 within the 2d Youth ODI of the five-fit collection at the Rangiri Dambdulla International Stadium at Rangi...

States & UTs

Khusinagar Runway

Everything you need to know about Uttar Pradesh’s world-class 3.2 KMS longest runway

Lucknow: The Kushinagar international airport comprises the longest runway of about 3.2 KMS and RS 260 Crore has been spent in building it. The airpor...

NH9 connecting Noida

The NH9 connecting Noida, Gaziabad, and Delhi remains closed for 22 days

Due to the repair work, Carried by the National Highway Authority of India, the vehicles are further permitted to ply from Tigri roundabout to Noida a...


Captain Amarinder Singh

Captain Amarinder Singh ahead of launching a new party, further hopes for a seat pact in the upcoming 2022 Punjab Polls

The former chief minister of Punjab Captain Amarinder Singh has made an announcement that he is abou...

Priyanka Gandhi

"For Girls of UP": Priyanka Gandhi says 40% of the survey candidates will be women

Congress will reserve 40 percent of its tickets for the future elections in Uttar Pradesh for women,...


Actress Pooja Bedi

Actress Pooja Bedi tests positive for Covid-19, say ‘I choose to stay unvaccinated’

Bollywood actress Pooja Bedi has been tested positive with Coronavirus. The actress along with her f...

Sardar Udham Movie

‘Sardar Udham’ Review: a portrait of the man with a history and mystery

Director Shoojit Sircar’s Sardar Udham is a biopic that is based on a man of history and myste...


The Live Newz is an independent, budding and online news portal that came into existence recently. Our mission is to create and deliver the finest news for the readers. We act as a cutting-edge platform that provides the users with every update on recent happenings. We aspire to be true to the journalistic values and maintain the standard of its excellence by presenting the truth to the readers.