<p>New Delhi: Ola Electric on Monday slashed prices of its entry-level scooter S1 X by Rs 5,000 to Rs 10,000 across variants, bringing it at par with conventional scooters.</p>.<p>The new S1 X was launched in February this year with a price range of Rs 79,999 to Rs 1,09,999 across three variants.</p>.<p>In a virtual address, Ola Electric Chief Marketing Officer Anshul Khandelwal said the prices of the company's entry-level scooter have been reduced with immediate effect and deliveries would start next week.</p>.Tata Passenger Electric Mobility, Shell India partner for EV charging stations.<p>Under the new prices, S1 X with 4kWh battery will now cost Rs 99,999, down from Rs 1,09,999 announced earlier. Similarly, S1 X with 3kWh battery has been priced at Rs 84,999 instead of Rs 89,999 earlier. The S1 X 2kWh battery variant will cost Rs 69,999 (introductory price), reduced from Rs 79,999 earlier, he said.</p>.<p>"We feel that India needs much more. India needs a price at which they (consumers) can truly adopt EVs," Khandelwal said.</p>.<p>An average scooter is priced at Rs 1 lakh, he said adding consumers have given feedback that they would think about electric scooters when prices are at the price of petrol scooters.</p>.<p>"We thought why not do that. Let's just ensure that we give you everything and much more than a petrol scooter," he asserted.</p>.<p><a href="https://www.deccanherald.com/business/ola-electric-to-expand-charging-network-to-10-000-2877571" rel="nofollow">Ola Electric's </a>announcement comes just over a week after rival Ather Energy introduced a range of family electric scooter 'Rizta' priced between Rs 1,09,999 lakh and Rs 1,44,999.</p>.<p>The company said the S1 X range marks its entry into the mass market segment. It comes with an 8-year/80,000 km complimentary battery warranty.</p>.<p>The entry-level electric scooter offers an IDC-certified range of 190 km, 143 km, and 95 km in 4 kWh, 3 kWh, and 2kWh variants, respectively. It has a top speed of 90 kmph in 4kWh and 3kWh variants, and 4.1 seconds and 85 kmph in the 2 kWh variant, Ola Electric said.</p>.<p>Khandelwal said electric scooter adoption in India as of March 31, 2024, stood at 25 per cent and 9 per cent in the overall electric two-wheeler market, adding the 'future is truly electric'. </p>
<p>New Delhi: Ola Electric on Monday slashed prices of its entry-level scooter S1 X by Rs 5,000 to Rs 10,000 across variants, bringing it at par with conventional scooters.</p>.<p>The new S1 X was launched in February this year with a price range of Rs 79,999 to Rs 1,09,999 across three variants.</p>.<p>In a virtual address, Ola Electric Chief Marketing Officer Anshul Khandelwal said the prices of the company's entry-level scooter have been reduced with immediate effect and deliveries would start next week.</p>.Tata Passenger Electric Mobility, Shell India partner for EV charging stations.<p>Under the new prices, S1 X with 4kWh battery will now cost Rs 99,999, down from Rs 1,09,999 announced earlier. Similarly, S1 X with 3kWh battery has been priced at Rs 84,999 instead of Rs 89,999 earlier. The S1 X 2kWh battery variant will cost Rs 69,999 (introductory price), reduced from Rs 79,999 earlier, he said.</p>.<p>"We feel that India needs much more. India needs a price at which they (consumers) can truly adopt EVs," Khandelwal said.</p>.<p>An average scooter is priced at Rs 1 lakh, he said adding consumers have given feedback that they would think about electric scooters when prices are at the price of petrol scooters.</p>.<p>"We thought why not do that. Let's just ensure that we give you everything and much more than a petrol scooter," he asserted.</p>.<p><a href="https://www.deccanherald.com/business/ola-electric-to-expand-charging-network-to-10-000-2877571" rel="nofollow">Ola Electric's </a>announcement comes just over a week after rival Ather Energy introduced a range of family electric scooter 'Rizta' priced between Rs 1,09,999 lakh and Rs 1,44,999.</p>.<p>The company said the S1 X range marks its entry into the mass market segment. It comes with an 8-year/80,000 km complimentary battery warranty.</p>.<p>The entry-level electric scooter offers an IDC-certified range of 190 km, 143 km, and 95 km in 4 kWh, 3 kWh, and 2kWh variants, respectively. It has a top speed of 90 kmph in 4kWh and 3kWh variants, and 4.1 seconds and 85 kmph in the 2 kWh variant, Ola Electric said.</p>.<p>Khandelwal said electric scooter adoption in India as of March 31, 2024, stood at 25 per cent and 9 per cent in the overall electric two-wheeler market, adding the 'future is truly electric'. </p>