Ola Electric Slashes S1 Models Scooter Prices Up To ₹25,000 For February; Check Revised Rates

By: Oliviya Kunjumon | February 17, 2024

IPO-bound Ola Electric has reduced battery scooter prices by up to Rs 25,000 for February.

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The updated prices will be effective only in the month of February, the company stated.

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The Ola S1 X+ now comes with a reduced price tag of Rs 84,999, down from its previous Rs 1.09 lakh.

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The Ola S1 Pro, previously priced at Rs 1.48 lakh, now carries a reduced price of Rs 1.30 lakh.

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Additionally, the Ola S1 Air had a price cut from Rs 1.19 lakh to Rs 1.05 lakh.

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Recently, Ola Electric became the first Indian two-wheeler company to obtain a Domestic Value Addition (DVA) certificate under the Production-Linked Incentive (PLI) scheme.

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