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Ola Electric responds to ARAI notice, says prices of S1 X 2 kWh scooter unchanged

Economic Times · 10m

Ola Electric has clarified that it has not changed the price of its most affordable scooter, the Ola S1 X 2 KWh. The company is running a limited-time festive campaign offering a discount of Rs 5,000 to all customers and a higher discount of Rs 25,000 to a few customers with limited inventories. However, the Automotive Research Association of India (ARAI) raised concerns about Ola Electric's failure to inform the agency of a price reduction before initiating its BOSS sale. This could affect the scooter's eligibility for government subsidies, impacting Ola Electric's position in the EV market.