Ola Electric sales reach 20,000 units in October

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New Delhi: Ola Electric on Tuesday reported sales of 20,000 units in October 2022. The company, which sells electric scooters S1 Pro and S1, said it registered a strong performance during the festive season.

Sales recorded a four-fold growth over daily run rate during Navratras, and ten times on Vijayadashami, the company said in a statement.

It has been producing 1,000 units a day on an average .

The company, after opening bookings at Rs 499 in July last year for its electric scooters S1 Pro and and S1, started online purchase process in September 2021. It initially planned to start deliveries in October but later pushed the date to November and then again to the second half of December last year.

The S1 Air is powered by a 2.5KWh battery pack and has a 4.5KW hub motor. It weighs 99 kg and has a top-speed of 85Km/hr.

It can accelerate 0-40 kmph in 4.3 seconds, the company claimed.

The company, which in August last year made a foray into the green mobility space with the launch of its electric scooters, S1 and S1 Pro priced at Rs 99,999 and Rs 1,29,999, respectively, had postponed delivery timelines for its much anticipated products citing global semiconductor shortage issue.

Earlier this month, Ola’s founder and CEO Bhavish Aggarwal said that the company is ramping up production of its e-scooters and is parallelly expanding capacity at its factory in Krishnagiri in Tamil Nadu to meet future demand.

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