India’s largest 2W EV Exchange Programme
Offers up to INR 24,500 and a chance to win one S1X+ every day
Bengaluru, October 17, 2023: Ola Electric, India’s largest electric vehicle company, announced the Ola Bharat EV Fest, a nationwide celebration of embracing EVs starting October 16th. As the country gears up for the festivities, Ola is hosting India’s largest 2W EV Exchange programme, along with an array of exciting offers, including lucrative discounts, battery assurance schemes, and many more.
As part of Ola’s Bharath EV fest, buyers can enjoy benefits of up to ₹24,500 on the purchase of an Ola electric scooter, including a 5-year Battery Warranty (worth up to ₹7,000*), exchange bonuses (up to ₹10,000*), and attractive financing schemes with no cost EMI (up to ₹7,500* discount from partner banks). Making it the best time to switch to an EV, customers test-riding an Ola scooter during the festive period can get a chance to win one S1X+ every day among other exciting prizes.
Anshul Khandelwal, Chief Marketing Officer, Ola Electric, said, “We are incredibly excited to kick-start Bharat EV Fest as we collectively prepare for the festivities. With a commitment to #EndICEAge in the 2W segment, we have curated a one-of-a-kind celebration of electric vehicles. This Diwali, Bharat EV Fest is the perfect opportunity for our customers to switch to an EV. We encourage everyone to visit our experience centers and test ride our high-performance scooters.”
5-Year Battery Promise
Enhancing the confidence of its customers, Ola has introduced a “5-Year Battery Promise” programme. The company is offering a free 5-year extended battery warranty on its flagship product S1 Pro (2nd Generation) and 50% off on the 5-year extended battery warranty on S1 Air.
Exchange Programme
Keeping up with the spirit of festivities, Ola is hosting the biggest ICE-to-EV exchange programme across its ~1000 Experience Centres. Customers can now exchange their old ICE 2W and get an exchange bonus of up to INR 10,000 on purchase of Ola scooter.
Lucky-Boot Offers
Ola has also announced a multitude of exciting offers for its customers. Customers can test-ride an Ola scooter at any of the Experience Centre and get a chance to win an S1X+ every day, free merchandise, and other exciting prizes, including discount coupons for Ola Care+ and instant discounts on the all new S1 Pro (2nd Generation).
Finance Offers
In addition to a slew of offers, buyers can also get discounts up to INR 7,500 on select credit card EMIs. Customers can now take home an Ola scooter at zero down payment and zero-processing fee with interest rates as low as 5.99%.
Referral Scheme
Valid till October 24, Ola will reward its community members on referring an Ola scooter to their friends and family. The referer gets benefits like free Ola Care+ and cashback of upto INR 2000 per referral. Under this new scheme, the referees will also receive a cashback of ₹1,000 upon a successful purchase.
Priced at INR 1,47,499, S1 Pro (2nd Generation) deliveries commenced in more than 100 cities last week while the S1 Air is available at ₹1,19,999. Ola Electric has additionally introduced its ICE-killer product, the S1X in three variants – S1 X+, S1 X (2kWh), and S1 X (3kWh) – to cater to the requirements of riders with diverse preferences. The S1 X+ is available for purchase now at an introductory price of INR ₹1,09,999. The pre-reservation window for the S1 X (3kWh) and S1 X (2kWh) is now open at INR 999 only. S1 X (3kWh) and S1 X (2kWh) scooters are available at an introductory price of INR 99,999 and INR 89,999, respectively.
About Ola
Ola is India’s largest mobility platform and one of the world’s largest ride-hailing companies. Ola revolutionized urban mobility by making it available on-demand for over a billion people across 3 continents. Today, Ola continues to move the world to sustainable mobility through its ride-hailing platform as well as through advanced electric vehicles manufactured at its Futurefactory, the largest, most advanced, and sustainable two-wheeler factory in the world. Ola is dedicated to transitioning the world to sustainable mobility and making the world better than we found it.
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