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Ola Electric announces 'BOSS 72-hour Rush' with discounts of up to ₹30,000 on the S1 portfolio



Posted On : 2024-10-10 23:15:32( TIMEZONE : IST )

Ola Electric announces 'BOSS 72-hour Rush' with discounts of up to ₹30,000 on the S1 portfolio

Ola Electric, India's largest pure-play EV company, today announced its 'BOSS 72-hour Rush' as part of its ongoing Biggest Ola Season Sale campaign for the festive season. From 10th - 12th October, customers can own an Ola S1 scooter for as low as ₹49,999 and avail additional benefits worth up to ₹25,000 on the S1 portfolio. The S1 X 2kWh is available at just ₹49,999 (limited stock daily) while the flagship S1 Pro gets discounts of up to ₹25,000 off and a flat ₹5,000 exchange bonus.

Under the 'BOSS 72-hour Rush', the company will offer the following benefits:

BOSS Prices: Ola S1 X 2kWh starting at just ₹49,999 (limited stock daily)

BOSS Discounts: Up to ₹25,000 on S1 portfolio; and additional flat ₹5,000 exchange bonus on the S1 Pro

Additional BOSS benefits of up to ₹25,000:

- BOSS Warranty: Free 8-year/80,000 km battery warranty worth ₹7,000
- BOSS Finance Offers: Finance offers of up to ₹5,000 on select credit card EMIs
- BOSS Benefits: Free MoveOS+ upgrade worth ₹6,000; Free charging credits worth up to ₹7,000

Ola Electric offers an expansive S1 portfolio with six offerings across attractive price points catering to customers with different range requirements. While the premium offerings S1 Pro and S1 Air are priced at ₹1,34,999 and ₹1,07,499, respectively, the mass market offerings include S1 X portfolio (2 kWh, 3 kWh, and 4 kWh) priced at ₹74,999, ₹87,999, and ₹101,999, respectively.

Ola Electric recently announced the #HyperService campaign. Under the campaign, the company plans to double its service network to 1,000 centres by December this year. Additionally, it also announced the Network Partner Program to expand its sales and service network across India. As a part of the program, Ola Electric plans to grow the network to 10,000 by the end of 2025. Additionally, Ola Electric will train 1 lakh third-party mechanics to make every mechanic in India EV-ready.

At its annual 'Sankalp' event in August 2024, the company announced the launch of its Roadster motorcycle series, comprising Roadster X (2.5 kWh, 3.5 kWh, 4.5 kWh), Roadster (3.5 kWh, 4.5 kWh, 6 kWh), and Roadster Pro (8 kWh, 16 kWh). The motorcycles offer many segment-first technology and performance features, with their prices starting from INR 74,999, INR 1,04,999, and INR 1,99,999, respectively.

Shares of OLA Electric Mobility Limited was last trading in BSE at Rs. 90.81 as compared to the previous close of Rs. 95.78. The total number of shares traded during the day was 5259628 in over 34992 trades.

The stock hit an intraday high of Rs. 95.05 and intraday low of 90.19. The net turnover during the day was Rs. 485412581.00.

Source : Equity Bulls

Keywords

INE0LXG01040 OLAElectricMobility TwoWheelers ThreeWheelers ElectricVehicles FestiveSeason SaleCampaign