Ola Electric shares jumps up to 30% after launch of new electric scooter range

Ola Electric shares jumped up to 30% after the launch of its all-new electric scooter range in India. The company recently launched its range of electric scooters on November 26, with a primary focus on commercial use for commerce and deliveries.

The new range of scooters offers durable, reliable, affordable, and flexible solutions, including removable batteries, fulfilling personal and commercial use cases of rural, semi-urban, and urban customers.

The company has witnessed a significant increase in its market share since its launch.

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Ola Electric, India’s largest Electric two-wheeler company, has announced the launch of its Gig and S1 Z scooter range, designed to unlock the full potential of electric mobility for the masses.

The new range of electric scooters comprises Ola Gig, Ola Gig+, Ola S1 Z, and Ola S1 Z+, available at introductory pricing of ₹39,999 (ex-showroom), ₹49,999 (ex-showroom), ₹59,999 (ex-showroom), and ₹64,999 (ex-showroom), respectively. 

Ola Gig, Ola Gig+, and Ola S1 Z+ cater to both personal and commercial use cases. They are ideal for e-commerce/delivery partners and small business owners involved in light to medium commercial activities.