First 5000 customers are being offered up to Rs 10,000
Electric two-wheeler manufacturer Ola Electric has started delivery of motorcycles of its roadster X portfolio. The company said on Friday that the first 5000 customers are being offered up to Rs 10,000, including the ‘Ride the Future’ campaign, free extended warranties, moves+ and necessary care under the ‘Ride the Future’ campaign. The company said in a statement that the prices of roadster X series trains start from Rs 99,999 for 2.5 kWh model, Rs 1,09,999 for 3.5 kWh model and Rs 1,24,999 for 4.5 kWh model. Roadster X Plus 4.5 kwh is priced at Rs 1,29,999, while Roadster X Plus 9.1 KWH (4680 with India SAIL) is priced at Rs 1,99,999.
Roadster X Plus will give 501 km range on full charge
The company has claimed that their roadster X Plus 9.1 KWH (with 4680 India SAIL) will give a 501 km range once full charged. Bhavish Aggarwal, chairman and managing director of Ola Electric, said, “Roadster X is a bold step that we have entered the motorcycle segment. Roadster X has been designed, engineered and manufactured for the generation in India, which wants to ride a future bike.” He said that with the delivery starting today, the Roadster X will highlight EV’s real potential in the two-wheeler segment and expedite the EV adoption and accelerate its reach.
Great boom in company shares on Friday
Today, on this special occasion, the company’s shares also saw a good glow. On Friday, Ola Electric shares closed at Rs 52.91 with a gain of Rs 1.41 (2.74%) on BSE. However, the company’s shares are currently below their 52 weeks high. Ola Electric shares have 52 weeks high Rs 157.53 and 52 weeks are Rs 45.55. According to BSE data, the company’s current market cap is Rs 23,337.70 crore.
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