OLA Electric shares surge 20% in 2 days following the launch of its Gen 3 S1 scooter lineup, consisting of eight new models catering to both mass-market and premium segments. As of 9:31 AM, the shares were trading 6.75% higher at Rs 79.77.
The new range starts at ₹79,999 for the S1 X (2kWh) variant and reaches ₹1,69,999 for the top-end S1 Pro+ (5.3kWh). The company emphasized that the Gen 3 scooters offer significant improvements, including a 20% boost in peak power, a 20% increase in range, and an 11% reduction in costs compared to the previous Gen 2 models.
Key Highlights:
- S1 Pro+ and S1 Pro: Flagship models with the 5.3kWh battery offer a top speed of 141 km/h and a range of 320 km (IDC).
- S1 X Series: Available in 2kWh, 3kWh, and 4kWh options, priced between ₹79,999 and ₹1,07,999.
- Safety Innovations: The scooters come equipped with dual ABS and patented brake-by-wire technology, enhancing safety and performance.
- MoveOS 5: Available from mid-February, the new OS unlocks features like a smartwatch app, live location sharing, and emergency SOS.
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