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Ola Electric on Friday said it has received the Certification for Compliance with the eligibility assessment requirements under the Production Linked Incentive (PLI) scheme for its electric bike Roadster X+ 11 kW 4.5 kWh. The Certification for Compliance was issued by the Global Automotive Research Centre (GARC) under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme), Ola Electric said in a statement. With this, Roadster X+ 4.5 kWh becomes the first motorcycle in the Roadster portfolio to receive PLI certification, marking a significant milestone in the company's expansion into the electric motorcycle segment, it added. The certification confirms a minimum Domestic Value Addition (DVA) compliance for Roadster X+ 4.5 kWh. The model is eligible for incentives under the PLI-Auto Scheme for all Roadster X+ 4.5 kWh units. "The PLI certification for our Roadster X+ 4.5 kWh is a strong validation of our efforts towards deep localisation and buildi
Ola Electric on Thursday announced a price reduction of Rs 60,000 on its flagship electric motorcycle, Roadster X+ 9.1 kWh powered by its 4680 Bharat Cell. The move has been enabled by rapid economies of scale at its Gigafactory and deep vertical integration of its indigenously developed 4680 Bharat Cell, Ola Electric said in a statement. As cell production has ramped up, cost efficiencies have improved materially, allowing Ola Electric to pass on these benefits directly to customers, it added. The Roadster 9.1 kWh will now be priced at Rs 1,29,999, down from Rs 1,89,999, and would be available in limited units only during specific purchase windows, the company said. Ola Electric said it will transition from open sales of Roadster X+ 9.1 kWh to a limited purchase window model, with vehicles made available in specific time-bound slots and limited quantities. "The first purchase window will open on Friday, April 3, from 6:00 PM to 9:00 PM, with subsequent windows to be announced ...
Ola Electric on Tuesday announced Holi Mahotsav, ushering in a new beginning for India's electric motorcycle journey. On the auspicious occasion of Holika Dahan, which celebrates the start of a new season, the company announced that its Roadster range now starts at just Rs 79,999. This brings electric motorcycles directly at par with popular entry segment ICE motorcycles, the company said in a statement. The company's Roadster X portfolio comes in 2.5 kWh, 3.5 kWh and 4.5 kWh configurations, now priced at Rs 79,999, Rs 92,999 and Rs 99,999 respectively, it added. The Roadster X+, available in 4.5 kWh and 9.1 kWh configurations, is now priced at Rs 1,09,999 and Rs 1,89,000, respectively. As part of its Holi offers, Ola Electric has also introduced Muhurat Mahotsav for today and tomorrow, featuring special limited-time festive offers available exclusively during the designated 90-minute 'shubh muhurat' windows, it stated. Customers will be able to access limited units at a specia
Ola Electric on Sunday launched 'Ola Insiders', an exclusive community programme for its existing customer base of over 10 lakh riders across the country. The initiative unlocks a host of benefits for the community members, including vehicle upgrade, add-on and referrals. As part of the programme, customers can upgrade their existing scooters and receive benefits of up to Rs 50,000 on the latest Gen 3 S1 portfolio and Roadster motorcycles, including the 4680 Bharat Cell variants, Ola Electric said in a statement. Besides, existing Ola customers can unlock benefits of up to Rs 20,000 when adding another Ola vehicle under the same registered name, it added. The customers can avail referral benefits and earn up to Rs 5,000 in Ola credits upon successful delivery. The referred buyer will also receive a Rs 1,000 cashback. "With over a million riders, our community remains central to our journey. With the launch of Ola Insiders, we are introducing a structured ownership program built a