Get Rs 50,000 Discount On Buying Ola Electric Scooter! How To Get This Govt Discount For Ola Electric Scooter

Ola Electric is all set to make its debut in the electric scooter market with the launch of its new electric scooter.

Rumors have suggested that it is named the Ola Series S, and it will be launched in the month of August.

Ola Electric Scooter: Specifics And Prices

It was previously revealed that the scooter will be sold online to buyers. This means that you can book your bike directly and have it delivered to your home. On July 15, the business opened bookings for the Ola Series S (with a reservation fee of Rs 499 that is entirely refundable) and received one lakh orders for the e-scooter within 24 hours.

Colour options are expected to include matte black, matte pink, sky blue, white and more.

Ola Electric has also revealed the scooter can be charged using a standard 5A socket, or at one of its ‘Hypercharger’ charging stations, which are going live in over 100 cities at this time and will eventually cover over 400 cities.

The bike will come with fixed batteries and an expected range of up to 150 kilometres on a full charge. There also are reports that under the FAME-II scheme, Ola’s electric scooter will also be eligible for a significant subsidy, more than Rs. 50,000.

The Ola electric scooter will be available in two models: the Ola S1 and the more powerful Ola S1 Pro.

The Ola Series S e-scooter is predicted to have a range of more than 100 kilometres. The Ola Electric scooter is estimated to cost between Rs 80,000 and Rs 1.1 lakh when it is released in the coming days. The electric scooter comes with a battery capacity of around 3.6 kWh, which is among the maximum capacities in the scooters that are available in the Indian market today.

Ola To Keep Price of Scooter Less Than Rs. 1.5 Lakh For Incentives

There is a possibility that Ola will not be pricing the electric scooter at or more than Rs. 1.50 lakh, as electric scooters that are priced more than Rs 1.50 lakh (ex-factory) do not qualify for incentives.

In fact, even if the ex-showroom price is higher than the ex-factory price, the FAME-II subsidy will make sure that the effective price to the end buyer will be more than Rs. 1 lakh. This means that if Ola fixes the price of the bike lesser than Rs. 1.50 lakh, the end price will be well under Rs. 1 lakh.

However, the incentives differ from state to state. Delhi, Gujarat and Maharashtra offer solid incentives for electric two wheeler buyers. The Gujarat government revealed its new electric vehicle (EV) policy on Tuesday, which might hasten the adoption of EVs in the state. The state of Gujarat will pay 870 crore in subsidies for two lakh electric vehicles over the next four years as part of its EV programme.

Whereas, another initiative by the state government of Maharashtra states that electric vehicles will come with financial incentives between the amount of Rs 10,000 to Rs 20 lakh.