With the recent revision in the FAME II subsidy, the prices of electric scooters, including Ola scooters, have experienced a significant increase. In this article, we will provide you with the details of the revised prices for each trim of Ola scooters and discuss the impact of the subsidy revision on the electric vehicle (EV) industry in India.
Revised Ola Scooter Prices
- Ola S1 Air:
- Current Price: Rs 1,09,999
- Previous Price: Rs 99,999
- Difference: Rs 10,000
- Ola S1:
- Current Price: Rs 1,29,999
- Previous Price: Rs 1,14,999
- Difference: Rs 15,000
- Ola S1 Pro:
- Current Price: Rs 1,39,999
- Previous Price: Rs 1,24,999
- Difference: Rs 15,000
Please note that these prices are applicable for ex-showroom purchases in Bengaluru. It is worth mentioning that Ola has discontinued its line of 2kWh scooters and now focuses on the 3kWh variants, including the S1 and S1 Air.
Industry Updates
- Ather Launches New 450S to Compete with Ola S1:
- Ather, a prominent EV manufacturer, has recently launched the new 450S model. The pricing of this model is aimed at providing competition to Ola’s S1 scooter.
- Check out the New TFT Console on the Royal Enfield Himalayan 450:
- Royal Enfield has introduced a new TFT console in their Himalayan 450 model. This update offers an enhanced riding experience for enthusiasts.
- Luna Makes a Comeback in an Electric Avatar:
- It has been confirmed that Luna, a well-known brand, will be making a comeback in the form of an electric vehicle. Exciting times lie ahead for Luna fans.
Impact of Subsidy Revision:
Undoubtedly, the sudden increase in the prices of electric scooters is significant. However, this price hike reflects the reality of the EV industry. The FAME II subsidies were never intended as a long-term solution, and as their impact diminishes, higher prices become inevitable, at least for the time being. It is our hope that EV manufacturers will soon be able to localize a greater portion of their manufacturing processes, leading to cost reductions and affordability for consumers.
Conclusion
The revision of the FAME II subsidy has resulted in increased prices for Ola electric scooters and other EVs in India. We have provided the revised prices for Ola’s scooter trims and shared updates from other industry players. While the immediate impact is higher prices, we remain optimistic that the EV industry will continue to evolve, making electric vehicles more accessible in the future.
