Ola Electrical Mobility Ltd unveiled its new Gen 3 electrical scooter vary on Friday, January 31, 2025. The brand new scooter vary comes with Ola’s ‘MoveOS 5’ which is their new EV working system.
Ola Electrical founder Bhavish Aggarwal and design head Kripa Ananthan reveals the Gen 3 electrical scooter vary
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The EV maker has revealed the brand new S1 Professional, the S1 Professional+, and the extra inexpensive S1 X and S1 X+.
The S1 Professional is available in two variants: One with a 3 kwh battery and one other with a 4 kwh battery. In the meantime, the Professional+ comes with both a 4 or a 5.3 kwh battery pack as an choice.
The Ola S1 X comes with 2, 3 and 4 kWh battery pack selections, whereas the S1 X+ comes solely with a 4 kWh battery pack.
The Professional+ has a staggering 320 km of vary and a prime velocity of 141 kph, Ola claims.
The Gen 3 scooters additionally include Ola’s patented ‘Brake by Wire’ expertise. This makes use of a sensor on the brake lever to stability between brake pad use and resistance from the motor, leading to 15% extra vary and double the brake pad life.
The elevated vary comes from the electrical motor additionally regenerating electrical energy from the braking motion.
The scooters comes with a mid-drive motor and an built-in Motor Management Unit (MCU), in contrast to the earlier generations which got here with hub motors. Aggarwal claims it’s 5 occasions extra environment friendly and that it’s extra dependable and light-weight.
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The scooters additionally include chain drive with pre-lubricated O-rings, relatively than the earlier generations’ belt drive. Ola expects the chains to final twice so long as the belts.
Ola Electrical has additionally opened 4,000 shops and repair centres throughout India by December 2024, Aggarwal introduced in the course of the presentation. That is regardless of the shop depend being simply round 800 in November 2024.
Aggarwal additionally introduced that Ola Electrical now has a 25% market share in India.
Ola Gen 3 electrical scooter worth
The Ola S1 X begins at ₹79,999 for the 2kWh model. The 3kWh model prices ₹89,999, and the 4 kWh model prices ₹99,999. These are all ex-showroom figures. In the meantime, the S1 X+ prices ₹1,07,99.
The S1 Professional prices ₹1,14,999 for the three kWh mannequin, whereas the 4 kWh mannequin prices ₹1,34,999.
The highest-of-the-line Professional+ prices ₹1,54,999 for the 4 kWh model, whereas the flagship 5.3 kWh one prices RS 1,69,999.
Orders begin from right this moment onwards whereas deliveries will begin in Mid-Feb, Aggarwal mentioned.
New Ola Roadster X bike launch
Ola additionally introduced that the brand new Ola Roadster X bike might be launched on February 5, 2025.
What occurs to Gen 2 Ola Electrical scooters?
Aggarwal mentioned that the earlier era electrical scooters will proceed to be on sale with lowered pricing.
The Gen 2 Ola S1 X will value ₹69,999 for the 2kWh battery pack, ₹79,999 for the three kWh model, and ₹89,999 for the 4 kWh battery mannequin.
In the meantime, the Gen 2 Ola S1 Professional will value ₹1,14,999 and can come solely with the 4 kWh battery pack.
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How did Ola Electrical shares carry out?
At 10:35 am IST shortly earlier than the reveal, Ola Electrical Mobility Ltd shares had been buying and selling within the inexperienced at ₹75.50 on the Bombay Inventory Trade (BSE). This was a rise of 12.94 per cent or ₹8.65.
At 11:30 am IST, the inventory was nonetheless up 12.42% or by ₹8.30, buying and selling at ₹75.15.