'Age Of EVs Is Here' Says Ola CEO Bhavish Aggarwal, Claims Company Sold 4 Electric Scooters Every Second

Ola says it has received an amazing response for its electric scooters on the very first day of sale. According to CEO Bhavish Aggarwal, scooters worth over 600 crores were sold within 24 hours.

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New Delhi: Bookings of S1 and S1 Pro electric scooters launched by Ola Electric scooter started on Wednesday and the company says that it has received an amazing response on the first day.

According to Ola's CEO Bhavish Aggarwal, the company sold 4 scooters every second. Overall, as per his claim, scooters worth over 600 crores were sold on the first day.

"We sold 4 scooters every second. In fact, in just 24 hours, we sold scooters worth over 600 crores. That’s more, in value terms than what the entire 2W industry sells in a day. Make no mistake, the age of EVs is here," Aggarwal wrote in a blog post.

"Yesterday also established that with the right product, India has huge pent up demand and a massive domestic market for two-wheeler EVs. We must leverage this to drive innovation, a robust local EV ecosystem and make India not only a big EV market but also a global EV manufacturing hub," he added.

Customers who had registered for Ola Scooter can now buy the scooter by making the remaining payment. Customers will get a chance to select the variant and colour option while buying. The sales which were earlier scheduled to start from September 8, were pushed forward due to some technical issues. 

As for the price of Ola Electric scooters, the ex-showroom price of its S1 variant is Rs 99,999, while you can bring the S1 Pro variant of the scooter to your home for Rs 1,29,999.

According to the company, customers will have to wait for the deliveries as they will begin from October onwards. Meanwhile, customers will be able to cancel the order for Ola electric scooter by taking a test drive.

Ola Electric informed the EMI of the S1 scooter will start from Rs 2,999 per month and the EMI of S1 pro will start at Rs 3,199. On the other hand, Ola Electric has tied up with several banks and financial institutions, including 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. Consumers who wish to choose financing for the Ola scooter have been provided with the option through these tie-ups. 

How to book Ola Scooter 
If you have already given a pre-booking amount for the Ola scooter, you can log in to Ola Electric's official website using your mobile number. Now, there will be an option to select the variant of the scooter.

If you haven't registered for the scooter yet, you can pre-book it by paying token money of Rs 499. After selecting the variant, you will get the option to select colour. The company has launched Ola electric scooter with 10 colour options.