New Ola Electric Diwali deals as IPO flickers

Ola Electric’s festival BOSS sale is wrapping up, and they’re offering some last-minute perks. 

According to Ola Electric, now is the prime time to switch to EVs, with up to Rs 30,000 in benefits available until October 31, 2024. The company hopes this will boost sales after losing around 27% of its market share. Ola Electric has faced some tough times, with its IPO price consistently slipping since its August 9 listing. Additionally, the company received a show cause notice from the Central Consumer Protection Authority (CCPA) due to over 10,000 consumer complaints about after-sales issues lodged with the National Consumer Helpline.

Flash sale deals: What new discounts are available?

Also ReadDhanteras Special: MG delivers 100 EVs in Delhi

Ola Electric’s lineup includes three electric scooters: the Ola S1 X, S1 Air, and S1 Pro. The S1 X range starts at Rs 74,999, with the PM E-Drive Subsidy covering the cost of the charger. Currently, Ola Electric is offering discounts of up to Rs 25,000 across the entire lineup, including the top-tier S1 Pro. The entry-level S1 X range is available in four options—S1 X 2 kWh, S1 X 3 kWh, S1 X 4 kWh, and S1 X+—priced between Rs 74,999 and Rs 94,999. According to the official Ola Electric site, the mid-level S1 Air starts at Rs 1,02,499, while the S1 Pro is priced at Rs 1,09,999.

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Ola Electric BOSS sale: Additional benefits

Ola is rolling out some sweet extra deals, including a free 8year warranty or 80,000 km (worth Rs 7,000), a free Move+OS update (worth Rs 6,000), free charging credits (worth Rs 7,000), and exchange offers up to Rs 5,000. They’re also offering easy and flexible finance schemes, with additional buying options deals worth up to Rs 5,000 on select credit card EMI schemes.

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