India is an emerging economy and a culturally diverse country with a strong middle-class background. Indians have preferred scooters forever, perhaps because of the huge population in the cities and the two-wheeler’s ease for navigation. However, conventional petrol scooters emit air pollution, making them less sustainable and eco-friendly. To combat climate change and continuous rise in fuel prices, electric scooters seem to be a great alternative.
Tapping into this golden opportunity, Ola has now entered the two-wheeler segment through its Ola Electric Scooter in two variants – Ola S1 and Ola S1 Pro on August 15, 2021.
Further, OLA has collaborated with key banks and financial institutions in India to offer two-wheeler loans at attractive two-wheeler loan interest rates for customers wanting to purchase an OLA S1 electric scooter.
Why is Ola Electric Scooter a smart choice for Two-wheelers in 2021?
Key reasons that make Ola Electric Scooter such a good bargain for two-wheeler buyers in India:
● Minimalistic Design
Ola electric scooter comes with a simple, young, and unique design. For instance, it has two headlamps with a fluid design overlapped by a rectangular DRL strip. There is a telescopic suspension at the front and a mono-shock absorber near its rear, helping absorb shocks easily.
● Breathtaking Performance
The Ola Electric Scooter comes with great acceleration capacity that has high-intensity traction to handle even rough surfaces. One can pick the speed from 0 to 40 kmph in around 3 seconds or from 0 to 60 kmph in around 5 seconds. It gives a 181 km IDC range on each charge, allowing to travel at a speed of 115km on an hourly basis, making it an attractive option among bike lovers in India.
● Vibrant color range and latest technology
Ola is launching the S1 electric scooter in 10 color variants with in-house development of 8.5 KW motor and 3.97 kWh battery packs. Also, it comes with a Move OS operating system that applies diverse LEAFROCK technology and has a dynamic computer installed below the shatterproof bright and sharpest display. Buyers thus have a wide array of colors to choose from with the latest in-built technology, worth every penny spent on its purchase.
● Attractive two-wheeler loan options
Another key feature that makes Ola Electric Scooter a smart choice for a two-wheeler is the easy financing option made available to buyers. Buyers can either purchase it outright or through two-wheeler loans, which are available at attractive two-wheeler loan interest rates and flexible EMI repayment options.
● Competitive pricing
The pricing for the Ola S1 Electric Scooter under its two categories, namely, S1 and S1 Pro, are Rs. 99,999 and Rs. 1,29,999, respectively. This is the ex-showroom price, inclusive of FAME II subsidy but exclusive of state subsidies. OLA Electric Scooter pricing is comparatively cheaper than most of its competitors in India.
● Environment-friendly
Ola Electric Scooter runs on battery, without any fuel emissions, thus helping reduce both vehicular pollution and carbon footprint.
● Dynamic Charging Network
Ola will introduce one of the largest EVs “hyper charging” networks globally. The company expects to provide 1,00,000 charging points across 400 cities over a while, offering its customers high-speed chargers. One could then travel a long distance with an Ola Electric Scooter.
There has been a huge frenzy for Ola Electric Scooter since its launch owing to its attractive features, innovative technology, competitive pricing, and two-wheeler loans, making it a smart choice for a two-wheeler in 2021.
Conclusion
Ola has tied up with various lenders in India for two-wheeler loan financing for Ola Scooter. Estimate your monthly EMIs by using two-wheeler loan EMI calculators to plan your finances accordingly. Click here to check your eligibility for a two-wheeler loan.