Ola Electric to start delivery from October; to reopen purchase window from November 1

After receiving an overwhelming response in its two-day sales, Ola Electric has decided to reopen the purchase window again on 1st November. The company will start delivering of its scooters across 1,000 cities and towns from October this year.  

Ola Electric CEO Bhavish Agarwal shared on Twitter: "Day 2 of EV era was even better than Day 1! Crossed Rs 1100 Cr in sales in 2 days! Purchase window will reopen on Nov 1 so reserve now if you haven't already. Thank you, India, for the love & trust. You are the revolution!" 

The electric two-wheeler made a business worth Rs 1,100 crore in two days since Wednesday (15th September), when the purchase window was opened. 

The e-scooter can be booked easily and exclusively on the Ola App. The firm announced in July that its electric scooter had received a record-breaking 100,000 reservations within the first 24 hours, making it the most pre-booked scooter in the world. 

Similarly, Ola Electric earlier tweeted that the delivery will be made on first serve, first reserved basis! The company is also providing an EMI plan starting at Rs 2,999. The Ola electric scooter was launched in two variants – Ola S1 and Ola S1 Pro on 15th August. 

The Ola electric price starts at Rs 99,999, and the S1 Pro starts at Rs 1,29,999. In states with active subsidy grants, the Ola S1 will be much more affordable than many petrol scooters. After state subsidy in Delhi, the S1 would cost just Rs 85,099, whereas in Gujarat it would be only Rs 79,999.

Day 2 of EV era was even better than Day 1! Crossed ₹1100Cr in sales in 2 days! Purchase window will reopen on Nov 1 so reserve now if you haven't already.

Thank you India for the love & trust. You are the revolution! https://t.co/oeYPc4fv4M pic.twitter.com/fTTmcFgKfR

— Bhavish Aggarwal (@bhash) September 17, 2021

The reservation and position in the purchase queue will not change as it is made on first serve, first reserved basis! “Our delivery dates also remain unchanged,” he mentioned.

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In the beginning of this week, the e-scooter maker tied up with Bank of Baroda, Axis Bank, HDFC Bank, ICICI Bank, IDFC First Bank, IndusInd Bank, AU Small Finance Bank, Jana Small Finance Bank, Kotak Mahindra Prime, TATA Capital and YES Bank for providing easy loans to customers for its S1 electric scooter.  

It recently announced that the Futurefactory will be run entirely by women. Futurefactory will employ over 10,000 women, making it the world’s largest women-only factory and the only all-women automotive manufacturing facility globally.