look news india
The country's leading electric scooter manufacturer Ola Electric has introduced a festive offer. The company has issued huge discounts to make electric scooters easier to access. With the help of these discounts, it will be easy to buy any scooter in the OLA Electric S1 portfolio. The company has announced a discount of up to Rs 10,000 on all scooters in this range. However, the company's sales are continuously declining. There has been a decline in the company's sales in September also. In such a situation, the company has announced this discount with the aim of increasing more sales and EV adoption. Now buying Ola Electric scooter will become cheaper, because the company claims that its starting ex-showroom price has become only Rs 49,999. Apart from this, early access has been given to Ola community, which is limited only till today i.e. 2nd October.
Customers will get these benefits
- Up to Rs 10,000 off on the entire S1 range
- Additional profit of Rs 21,000
- Exchange bonus up to Rs 5,000
- Over 140 MoveOS features worth Rs 6,000
- 8 years warranty, price Rs 7,000
- Hypercharging credit worth Rs 3,000
You will also get benefits on referrals
Apart from this, the company also said that if the customer refers Ola Electric, he will also get the benefit. Up to Rs 3000 can be saved on every referral. Apart from this, many attractive offers have been given by the company on accessories.
Ola Electric sales decline
The company has said that in September the company has sold only 24,659 vehicles. This data is according to VAHAN portal. At the same time, if we talk about the market cap in September, it has fallen to 27.9 percent, which was 31.3 percent in August 2024 and 39.2 percent in July 2024.
According to the vehicle portal, the company sold 26928 units in August and 40814 units in July. The company's market share in September 2023 used to be 47 percent. Talking about other EV companies, Bajaj Auto's market share is 21.4 percent, TVS Motor's is 20.2 percent and Ather Energy's market share is 14.8 percent.