Ola Begins Delivery of Electronic Scooters After a delay

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Ola Begins Delivery of Electronic Scooters After a delay
16 Dec 2021
6 min read

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News Synopsis

Ola is going to bring revolution after starting deliveries of the Ola S1 and S1 Pro scooters from December 15. The delivery of EV (electric vehicle) manufacturer by Ola electric was earlier expected to start in Octuber. But it was delayed because of  the global shortage of chipsets. The company apologized to their customers for being two month delay. The company has also planned to organize a special delivery event for these scooter vehicle in Bangalore and Chennai for 50 customers on December 15. The Company has chosen an innovative way of attracting clients by picking them up from their homes in an Ola-provided cab. The price of the Ola S1 and S1 Pro electric scooters are Rs 99,999 and Rs 1,29,999, respectively. This is a proud moment for the company when they raised themselves during such a crucial competition in the market. The company managed to raise about rs 398.3 crore with the help of the investors,such as Temasek, IIFL, Edelweiss, Vijay Shekhar Sharma’s VSS Investco, and DST Global's Rahul Mehta.