# Ola Electric S1 scooter range now starts at Rs 49,999 for Diwali sale

URL: https://technosports.co.in/ola-electric-s1-diwali-sale/  
Published: 2024-10-03  
Updated: 2024-10-03  
Author: Reetam Bodhak

**Ola Electric S1 scooter Diwali Sale**

[Ola Electric](https://www.olaelectric.com/) is the latest two-wheeler company to join the seasonal sale craze. The Indian electric scooter company has shown previously unheard-of savings on their selection of scooters. The “Boss sale” was revealed by CEO Bhavish Aggarwal on the microblogging site X (formerly known as Twitter). Ola Electric is going through a difficult period right now because sales have been declining significantly over the last few months.

![Ola Electric](https://images.technosports.co.in/2024/10/ollas-jpg.avif)

## **What to expect from the Ola Electric sale?**

The offer, which began on October 3rd, has been billed by the Indian two-wheeler EV manufacturer as the “Biggest Ola Season Sale.” At Rs 49,999, the entry-level S1 X EV scooter is almost Rs 25,000 less expensive than its MSRP. The discount package, which could be based on the recently launched PM E-Drive effort to promote reasonably priced and environmentally friendly electric vehicles, includes a regular Rs 10,000 reduction throughout the range. Additional rebates consist of an exchange incentive, smart technology access, an eight-year warranty extension, and fast charging credits.

Ola Electric is still running a Referral Program wherein owners of S1 scooters can recommend friends to purchase an Ola EV and receive Rs 3,000 in exchange. However, the new customer receives a discount offer of Rs 2000.

![](https://images.technosports.co.in/2024/10/las78-2-jpg.avif)

## **Customers’ trust in Ola Electric is waning**

Horror stories about Ola Electric’s after-service work have made customers wary of purchasing its items. Based on September sales, the company’s market share decreased to about 27%. During the first seven months of the year, Ola Electric sold a record number of devices, reaching a peak of 40,814 in July.

Following that, the company’s sales have been steadily declining; in August and September, it only sold 26,928 and 23,965 units, respectively. By the end of the year, the company plans to have 1000 service outlets in its network.

**Read More:** [Amazon Great Indian Festival 2024: Biggest Opening Ever with Record Sales](https://technosports.co.in/amazon-great-indian-festival-2024/)

## **FAQs**

### **What’s the price of Ola Electric Scooter?**

Rs 49,999