The two-wheeler EV manufacturer, Ola Electric Mobility, a subsidiary to the cab conglomerate, Ola, announced that it will commence the sales of its electric Ola S1 scooters with effect from September 8. Interestingly, the electric scooter is launching on the eve of World EV Day, which is celebrated to curb the use of fossil fuels and substitute it with electric vehicles for a sustainable tomorrow.
The company released a statement saying that HDFC Bank will provide pre-approved loans to eligible customers in minutes on the Ola and Ola Electric apps. “In case you don’t need financing you can simply pay an advance of Rs 20,000 for Ola S1 or Rs 25,000 for Ola S1 Pro, and the rest when we invoice your scooter to you.”
The company’s insurance partner is ICICI Lombard will be the insurance partner for the company. The shipping order is expected to begin from October 2021.
Based on the insurance policy and damage facilities, the company will offer add-ons like Personal Accident Cover, Zero Depreciation, and Roadside Assistance. The latest model will arrive with a three years battery life or will last up to 40,000 km of distance covered.
Ola Cabs’ co-founder Bhavesh Aggarwal tweeted to proclaim that the company’s exceptionally well mobility status reflected a sturdy resurgence.