Ola Electric continues record run, sells scooters worth Rs 1,100 cr in 2 days

Deliveries will start from next month. Buyers will be notified about the estimated delivery dates within 72 hours of purchase.

Parul Parul     September 20, 2021

Ola Electric announced that it has sold e-scooters worth Rs 1,100 core in two days since 15th September, when the purchase window was opened.

“In total over 2 days, we have done over Rs 1,100 crore in sales! This is unprecedented not just in the automotive industry, but it is one of the highest sales in a day (by value) for a single product in Indian e-commerce history! We truly are living in a digital India,” the company claimed in a statement tweeted on 17th Sept.

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.

“While the purchase window is now closed, our reservations remain open on olaelectric.com and I want to let all of you know that we will be re-opening the purchase window on November 1, 2021, just in time for Diwali,” a company spokesperson said.

Ola Electric opened the reservation for its electric scooter on the evening of July 15. The Ola S1 and S1 Pro were launched a month later, on August 15. The purchase process includes selecting a colour and variant, opting for a loan or paying in advance, and getting a delivery date.

Deliveries will start from next month. Buyers will be notified about the estimated delivery dates within 72 hours of purchase.

The Ola S1 is priced at Rs 99,999; for the S1 Pro, customers will have to pay Rs 1,29,999 (ex-showroom). These prices include the FAME II subsidy, but exclude state subsidies.

The company said the e-scooters will be priced aggressively to make them widely accessible. They will roll out from the company’s state-of-the-art Futurefactory in Tamil Nadu.