February 2024, has arrived with a bundle of joy for 2-wheelar enthusiasts. Since the beginning of the month, various companies have been announcing discounts, and alongside, news of price reductions is also coming. Like Ola Electric, has declared a price reduction this time. The models S1 Pro, S1 Air, and S1 X+ have seen a price drop of Rs.25,000. However, this offer is valid only until the end of February.
As a result of the price reduction, the S1 Pro, S1 Air, and S1 X+ now cost Rs.1.30 lakh, Rs. 1.05 lakh, and Rs.85,000 (ex-showroom), respectively. Ola had previously offered a flat discount of Rs.20,000 on the S1 X+ model in January. Additionally, the S1 Pro and S1 Air models received 6,999 rupees extended warranty and a 3,000 rupees exchange bonus.
In January, several selected credit cards also had a discount offer of Rs.5,000 . Finance options included zero down payment, no-cost EMI, zero processing fee, and an interest rate of 7.99%. Notably, Ola has introduced an 8-year/80,000 km warranty offer on the batteries of the S1 Pro and S1 Air, providing an option to extend the warranty up to 1 lakh km for an additional Rs.5,000 , or up to 1.25 lakh km for 12,500 rupees.
Currently, Ola is focusing on their electric motorcycles, with potential launches later this year. On the other hand, they recently rolled out the MoveOS 4 software, offering users features like biometric app lock, hill hold and hill descent control, garage mode, profile control, faster hyper charging, improved re-generation, care mode, concert mode, extended range, and enhanced proximity unlock in addition to cruise control in eco mode. Integrated features also include auto turn indicator cut-off, music, new trip meter, and headphone control for calls.