NEW DELHI: Ola Electric on Tuesday announced its foray into the commercial segment with the launch of ‘Gig’ range of scooters with an introductory price of Rs 39,999, targeting gig workers. The company also launched its S1 Z model, a personal-use electric scooter aimed at urban commuters priced at Rs 59,999.
The Gig range has been designed to address the needs of gig workers involved in both shorter and longer trips through two variants — ‘Gig’ and ‘Gig+’ — with introductory prices of Rs 39,999 and Rs 49,999 (ex-showroom), respectively.
The range will be available for business-to-business (B2B) purchases and rentals, Ola Electric said in a statement.
The term ‘Gig’ is aimed at gig workers involved in shorter trips. It offers a range of 112 km on single charge with a top speed of 25 kmph. It comes with a removable 1.5 kWh battery, a hub motor.
On the other hand, ‘Gig+’ is built for gig workers having to travel longer distances with heavier payloads. It comes with a top speed of 45 km/hr and a removable single/dual battery of 1.5 kWh with a range of 81 km, the company said.
“With the launch of the Ola Gig and S1 Z range of scooters, we will further accelerate EV adoption, catering to a wide range of personal and commercial use cases with affordability, reliability, and safety as the core pillars,” Ola Electric Chairman & Managing Director, Bhavish Aggarwal said.
Under the S1 Z range, the company introduced two variants, ‘S1 Z’ and ‘S1 Z+’ at introductory prices of Rs 59,999 and Rs 64,999 respectively.
While S1 Z is a personal-use electric scooter aimed at urban commuters who value style, performance, and convenience, Ola Electric said the ‘S1 Z+’ is a dual-usage electric scooter designed for both personal and light commercial use with a robust body.
Both the ‘S1 Z’ and ‘S1 Z+’ have removable dual batteries of 1.5 kWh each with a range of 75 km and top speeds of 70 kmph.
The company also launched its PowerPod, an inverter that powers homes using its portable batteries, priced at Rs 9,999.

India’s top product certification agency will investigate e-scooter maker Ola Electric’s deficiency in service standards and product issues, India’s consumer affairs secretary told Reuters on Thursday.

Last month, the Central Consumer Protection Authority (CCPA) sent Ola Electric a notice seeking an explanation from the SoftBank-backed company after the consumer rights agency received an unusually high 10,000 complaints.

Ola, India’s top e-scooter maker, responded that it had resolved 99.1 percent of the complaints.

After reviewing that response, the CCPA has now asked the Bureau of Indian Standards to conduct a detailed investigation into the matter, consumer affairs secretary Nidhi Khare said on Thursday.

Ola Electric did not immediately respond to a Reuters email seeking comment.

The complaints were mostly for “minor” issues, Ola’s founder Bhavish Aggarwal said on an earnings call last week.

“Two-thirds of it actually are just minor issues like loose parts or customers unfamiliar with the software used,” Aggarwal said.

The rising complaints and ensuing regulatory scrutiny have cast a shadow on the e-scooter maker, following its stellar market debut in August.

Ola Electric’s shares are down about 7.6 percent from their listing price of 76 rupees. On the day, its shares were down about one percent, while auto stocks had risen 0.5 percent.

© Thomson Reuters 2024

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