AAA weekly


Ola Electric Launches Entry-level S1 Air Scooter to Boost Presence in BEV Market

Indian BEV motorcycle maker Ola Electric is actively investing in the Indian BEV scooter market with the aim of acquiring a dominant position. The company launched the 2 kWh variant of the mid-range S1 in February 2023, followed by the entry-level S1 Air with a selling price of 85,000-110,000 INR whose delivery began in April 2023. As for batteries, Ola established a research and development center in Bangalore, Karnataka State in July 2022, and plans to start operation of a large-scale lithium-ion battery factory in Krishnagiri, Tamil Nadu State at the end of 2023.

Graph: Ola Electric: New Registration Volume of BEV Motorcycles and Share of BEV Market (Dec. 2021-Feb. 2023)
Please log in or subscribe to AAA weekly to view the rest of this report.
Free trial subscriptions are available!