Ola Electric slashes prices of three S1 models by up to Rs 25,000

IPO-bound Ola Electric has announced a reduction in prices of three models in its S1 scooter image by : GOOGLE

[{"selector":"#anim-bfd33348-0e92-48fa-844f-d4662215c99b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(49.41406256360914%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] portfolio by up to Rs 25,000. The reduced prices are valid only for February image by : GOOGLE

[{"selector":"#anim-e38805ca-ee21-40a7-8105-86ebab8dcd4e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(60.753790384764905%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The electric vehicle company attributed this move to a robust cost structure image by : GOOGLE

[{"selector":"#anim-c3c08783-9b97-4ee7-81af-720f0af1c35d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(48.190253973407444%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] strong vertically integrated in-house technology, image by : GOOGLE

[{"selector":"#anim-8dc45c07-6a59-4d8a-8855-c6eb759f9b2b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.158508940019026%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] manufacturing capabilities, and eligibility for manufacturing incentives image by : GOOGLE

[{"selector":"#anim-6ba0f5a2-f02c-4089-82dc-d1a5ab7afe46 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(60.29828256844058%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] On the back of a strong vertically integrated in-house technology and manufacturing capabilities, w image by : GOOGLE

[{"selector":"#anim-1a6d60f4-e648-4cd1-9690-07cf6376821f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(39.07428606169799%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] we have been able to restructure costs and decided to pass on the benefits to customers. image by : GOOGLE

[{"selector":"#anim-9a912d1f-4f76-48f0-878a-4a0ebf03f0b7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.205852407544675%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Priced equivalently to leading ICE scooters image by : GOOGLE

[{"selector":"#anim-23f96110-189b-4860-b0cf-63268d8c7c01 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(28.90624987200394%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] we are confident that customers will now have no reason to buy an ICE scooter. image by : GOOGLE

[{"selector":"#anim-cb521e21-082a-419b-b97e-692f80785928 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(6.0499997333131015%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The company said that the Ola S1 scooters outperform any traditional ICE (internal combustion engine) vehicles. image by : GOOGLE

[{"selector":"#anim-0041f436-bb4f-4ab2-8312-869c1142fb92 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] This, it claimed, makes them a superior choice in the scooter market, offering savings of up to Rs 30,000 annually. image by : GOOGLE