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<ul><li>The <keyword id="11908704" type="General" weightage="20" keywordseo="ola-S1" source="Orion">Ola S1</keyword> and S1 Pro electric scooters are now available for purchase.</li><li>Users who had pre-booked the vehicle will be able to place an order.</li><li>Customers are required to pay an advance amount of ₹20,000 to book their vehicle.</li></ul>The <keyword id="9297184" type="General" weightage="20" keywordseo="ola-electric-scooter" source="Orion">Ola electric scooter</keyword> is now available for purchase for users who had <a href="https://www.businessinsider.in/business/auto/news/ola-electric-scooter-pre-bookings-start-july-15-at-499/articleshow/84441621.cms">pre-booked</a> the S1 and S1 Pro electric vehicles. The company had started accepting reservations for the scooter in July and only the customers who had pre-booked the vehicle will be able to place the order for now. <cmsannotation type="cmsannotation" annotationid="How to purchase Ola electric scooter" comment="subhead" text="How to purchase Ola electric scooter">How to purchase Ola electric scooter</cmsannotation> Ola Electric chief executive Bhavish Aggarwal on <a href="https://twitter.com/bhash/status/1437964956817772545">Twitter</a> revealed that users who had pre-booked the scooter can purchase their scooters starting from today. “Bring the revolution home! Ola S1 purchase is rolling out now!l We’re opening it in the order of reservation. Look for your invitation email or check the Ola app to know when it’s live for you!” The users who have pre-booked the Ola S1 and S1 Pro electric scooters will be able to book the vehicle using the Ola app by paying an amount of ₹20,000. The balance amount has to be paid either in full or by using finance options starting from October 18. As per an <a href="https://twitter.com/malaymohapatra1/status/1437944650069790721/photo/2">email</a> received by a customer who purchased the S1 Pro today, the company will deliver the scooter between October 25 and November 25. <cmsannotation type="cmsannotation" annotationid="Ola S1 and S1 Pro price" comment="subhead" text="Ola S1 and S1 Pro price">Ola S1 and S1 Pro price</cmsannotation> The Ola S1 has been priced at ₹99,999 and the <keyword id="11908705" type="General" weightage="20" keywordseo="Ola-S1-Pro" source="Orion">Ola S1 Pro</keyword> is priced at ₹1,29,999. Customers can claim FAME II subsidies and additional subsidies based on their state. The subsidies offered for different states can be checked <a href="https://blog.olaelectric.com/purchase/">here</a>. <cmsannotation type="cmsannotation" annotationid="Ola S1 and S1 Pro delivery date" comment="subhead" text="Ola S1 and S1 Pro delivery date">Ola S1 and S1 Pro delivery date</cmsannotation> The Ola S1 and S1 Pro will be delivered starting from October 2021. The company has said that the deliveries will be prioritised based on the date of purchase on a first come first serve basis. <cmsannotation type="cmsannotation" annotationid="Ola S1 and S1 Pro finance options" comment="subhead" text="Ola S1 and S1 Pro finance options">Ola S1 and S1 Pro finance options</cmsannotation> Ola Financial Services has partnered with IDFC First Bank, HDFC, and TATA Capital for financing options. Users will be able to pay in monthly installments (EMIs) starting at ₹2,999 for the Ola S1 and ₹3,199 for the Ola S1 Pro. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/ola-electric-scooter-factory-will-be-run-only-by-women-says-ceo-bhavish-aggarwal/articleshow/86161861.cms">Ola electric scooter factory will be run only by women, says CEO Bhavish Aggarwal</a> <a href="https://www.businessinsider.in/business/startups/news/ola-is-reportedly-seeking-a-valuation-of-8-billion-from-its-ipo/articleshow/85761547.cms">SoftBank-backed Ola reportedly picks Citigroup and Kotak Mahindra for its $1 billion IPO</a> <a href="https://www.businessinsider.in/business/auto/news/heres-what-makes-the-new-simple-one-electric-scooter-a-worthy-ola-and-ather-alternative/articleshow/85362511.cms">Here’s what makes the new Simple One electric scooter a worthy Ola and Ather alternative</a>

How to buy Ola electric scooter S1 and S1 Pro

<ul><li>The Ola S1 and S1 Pro are the company’s first electric scooters. </li><li>Those who had pre-booked the Ola electric scooters earlier were able to make their purchases on September 15 and 16. </li><li>Pre-bookings for the next round of sale are now underway. </li></ul> Sales of the Ola electric scooters, S1 and S1 Pro, have crossed ₹1,100 crore in two days, the company’s Chief Executive Officer (CEO) <keyword id="1543567" type="General" weightage="20" keywordseo="bhavish-aggarwal" source="Orion">Bhavish Aggarwal</keyword> announced on Friday. On Thursday, Aggarwal announced that the sales of Ola S1 and S1 Pro crossed ₹600 crore on the first day. <div type="twitter" handle="bhash" handlename="Bhavish Aggarwal" image="http://pbs.twimg.com/profile_images/1133256267340713984/UaxcE0fi_normal.jpg" favoritecount="681" retweetcount="56" status="Day 2 of EV era was even better than Day 1! Crossed ₹1100Cr in sales in 2 days! Purchase window will reopen on Nov… https://t.co/tbEK8Ba9ap" createdat="1631855294000" id="1438731499528855554"></div> “While the purchase window is now closed, our reservations remain open on olaelectric.com and I want to let all of you know that we will be reopening the purchase window on November 1, 2021, just in time for Diwali,” Aggarwal added, announcing the next sale of the Ola S1 and S1 Pro. “That’s more, in value terms than what the entire 2W [two-wheeler] industry sells in a day! Make no mistake, the age of EVs is here,” he explained. Earlier, the sale of the Ola electric scooters was scheduled for September 8. It was<a href="https://www.businessinsider.in/business/auto/news/ola-s1-and-s1-pro-electric-scooter-sale-delayed-by-one-week/articleshow/86055573.cms"> delayed</a> by a week due to issues with the website. The company had started accepting reservations for the scooter in July and only the customers who had pre-booked the vehicle were able to make their purchases during the two days. <cmsannotation type="cmsannotation" annotationid="Ola S1 and S1 Pro price" comment="subhead" text="Ola S1 and S1 Pro price">Ola S1 and S1 Pro price</cmsannotation> The Ola S1 has been priced at ₹99,999 and the Ola S1 Pro is priced at ₹1,29,999. Customers can claim FAME II subsidies and additional subsidies based on their state. The subsidies offered for different states can be checked here. <cmsannotation type="cmsannotation" annotationid="Ola S1 and S1 Pro delivery date" comment="subhead" text="Ola S1 and S1 Pro delivery date">Ola S1 and S1 Pro delivery date</cmsannotation> The Ola S1 and S1 Pro will be delivered starting from October 2021. The company has said that the deliveries will be prioritised based on the date of purchase on a first come first serve basis. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/how-to-buy-ola-electric-scooter-s1-and-s1-pro/articleshow/86224084.cms">How to buy Ola electric scooter S1 and S1 Pro</a> <a href="https://www.businessinsider.in/business/startups/news/ola-electric-scooter-factory-will-be-run-only-by-women-says-ceo-bhavish-aggarwal/articleshow/86161861.cms">Ola electric scooter factory will be run only by women, says CEO Bhavish Aggarwal</a> <a href="https://www.businessinsider.in/business/auto/news/heres-what-makes-the-new-simple-one-electric-scooter-a-worthy-ola-and-ather-alternative/articleshow/85362511.cms">Here’s what makes the new Simple One electric scooter a worthy Ola and Ather alternative</a>

Ola electric scooter sale crosses ₹1,100 crore on second day, here is when the next sale is scheduled

Before Elon Musk-led Tesla finally makes its India entry, ride-hailing platform Ola on Monday announced world's largest two-wheeler manufacturing facility called Ola FutureFactory that will have annual production capacity of one crore vehicles and will be operational by 2022. The factory will generate 10,000 direct employment, along with additional jobs being created by Ola vendors and suppliers. According to <keyword id="1543567" type="PERSON" weightage="20" keywordseo="Bhavish-Aggarwal">Bhavish Aggarwal</keyword>, Chairman and Group CEO, the Phase 1 will be ready with initial annual capacity of two million around June this year. Built over 500 acres in Krishnagiri district in Tamil Nadu, the facility will roll out one scooter every two seconds at full capacity, Aggarwal told mediapersons. "It will have 10 production lines running at full capacity. It will be the most advanced two-wheeler factory with 3,000 AI-powered robots built on Industry 4.0 principles," he said. It will be an integrated manufacturing facility, addressing all needs from battery to finished goods. <keyword id="4393078" type="COMPANY" weightage="20" keywordseo="Ola-Electric">Ola Electric</keyword> has also released first teaser visuals of the much-anticipated <keyword id="433124" type="PERSON" weightage="20" keywordseo="electric-scooter">electric scooter</keyword>. The announcement came as Tesla made its official to enter the country and chose Karnataka over Tamil Nadu to firm up its roll-out plans. Ola Electric last year acquired the Netherlands-based Etergo BV, an innovative electric scooter company known for its award-winning AppScooter for an undisclosed sum, and announced its foray into the premium electric two-wheeler market, both globally and nationally. "With electric, digitally connected capabilities, two-wheelers will further emerge as the most preferred urban mobility paradigm around the world and empower every consumer. We look forward to building the best global capabilities in engineering, design, and manufacturing for these products to be made here in India," Aggarwal had said. With European design, strong engineering collaboration and Indian manufacturing and supply chain, Ola Electric said it aims to transform the over 100 million-strong global two-wheeler market, including more than 20-million Indian two-wheeler market, into a clean energy, digital future. The company has plans to set up extensive charging and swapping networks around the country. Ola Electric is also working with India's leading power distribution companies towards developing a conducive EV ecosystem through the establishment of battery swapping and charging stations in New Delhi. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/oyo-vs-zo-zostel-claims-victory-while-the-ritesh-agarwal-led-firm-says-theres-still-room-to-win/articleshow/81386851.cms">OYO vs Zo – Zostel claims victory while the Ritesh Agarwal-led firm says there’s still room to win</a> <a href="https://www.businessinsider.in/stock-market/news/the-510-crore-ipo-of-easemytrip-is-now-open-for-public-subscription-/articleshow/81387576.cms">Here is why analysts maintain a bullish mood for the ₹510 crore IPO of bootstrapped online travel aggregator EaseMyTrip</a> <a href="https://www.businessinsider.in/india/news/google-ceo-sundar-pichai-announces-a-series-of-initiatives-on-womens-day/articleshow/81388483.cms">Google announces a series of initiatives on Women’s day – a $25 million fund, support for one million female entrepreneurs in India and a new feature on Google Maps</a>

Bhavish Aggarwal-led Ola showcases its first electric scooter — aims to operate 1 crore bikes by 2022

<ul><li>Many individuals were seen asking for a ‘pause’ on equated monthly installment (EMI) payments after being forced to take leave without pay.</li><li>Not just salaried employees, but those who drive auto-rickshaws or Uber and Ola cabs, as well as small business owners, may need more time to pay their loans after the lockdown has brought their business to a standstill.</li><li>However, Finance Minister <keyword id="129243" type="PERSON" weightage="20" keywordseo="Nirmala-Sitharaman">Nirmala Sitharaman</keyword> has so far focussed on the poorest of the poor, farmers, women, and self-help groups with the latest ₹1.7 lakh crore relief package.</li><li><a href="https://www.businessinsider.in/searchresult.cms?query=coronavirus&amp;sortorder=effectivedate">Follow the comprehensive coverage of the Coronavirus pandemic and its impact, and other useful resources that can help you in the fight on Business Insider India.</a></li></ul>India’s middle class was clamouring for a break from paying their loans after the 21-day lockdown came into effect to contain the spread of the novel Coronavirus. However, Nirmala Sitharaman’s <a href="https://www.businessinsider.in/india/news/fm-nirmala-sitharaman-26th-march-speech-highlights-and-updates/articleshow/74825011.cms">financial action plan</a> of ₹1.7 lakh crore ($22 billion) did not offer any relief on equated monthly installment (EMI) payments. The Press Information Bureau’s YouTube feed was flooded with requests with people asking the government to pause 
 <div type="image" title="pauseemi_edited" msid="74827616" hostid="261" caption="&amp;lt;p&amp;gt;PIB&amp;#39;s YouTube feed during Nirmala Sitharaman&amp;#39;s press conference today, March 26&amp;lt;/p&amp;gt;"></div>



 In the last press conference on March 24, Sitharaman had addressed a question on EMIs and said that the Department of Financial Services (within the Ministry of Finance that she heads) may take an appropriate decision. This stoked hope that thousands of people whose jobs, salaries, and appraisals are at stake ⁠— even businesses which have to pay monthly instalments on loans ⁠— may get some reprieve as part of the relief package. However, that hope came undone today. The need for EMI relief The lock down has forced many businesses to shut down and factories have had to close their doors. As a result, a few people have been forced to take unpaid leave— like in the case of <a href="https://www.businessinsider.in/business/news/coronavirus-goair-says-all-employees-will-have-pay-cut-in-march/articleshow/74806501.cms">GoAir</a>, Indigo, and <a href="https://www.businessinsider.in/business/news/coronavirus-goair-says-all-employees-will-have-pay-cut-in-march/articleshow/74806501.cms">AIESL</a> with hyperlink to the story — with the uncertainty around when the Coronavirus crisis will finally end. 
 <div type="image" title="airline_edited" msid="74827631" hostid="261" caption="&amp;lt;p&amp;gt;Airlines struggle has India puts a half on all domestic and international air travel&amp;lt;/p&amp;gt;"></div>



 Not just on YouTube, but also on Twitter, many individuals are pleading with the government to provide some relaxation. Infosys co-founder TV Mohandas Pai joined in asking the government to provide at least 6 months of deferment on EMI and loan interests. 
	<div type="twitter" handle="TVMohandasPai" handlename="Mohandas Pai" image="http://pbs.twimg.com/profile_images/563397282020618240/BsxVmVtk_normal.jpeg" favoritecount="336" retweetcount="117" status="@PMOIndia @narendramodi @nsitharaman Sir very good Economic stimulus for majority of Indians! Pl consider one for t… https://t.co/6Es9BulRwi" createdat="1585211483000" id="1243093178183385089"></div>



 In addition to salaried employees, individuals who drive auto-rickshaws or those who drive Uber and Ola cabs also need more time to pay their loans since they won’t be able to ferry passengers during the lock down. See also: <a href="https://www.businessinsider.in/india/news/fm-nirmala-sitharaman-26th-march-speech-highlights-and-updates/articleshow/74825011.cms">India announces a $22 billion package including cash transfers to feed and serve the poor during the Coronavirus lockdown</a> <a href="https://www.businessinsider.in/india/news/coranavirus-cases-in-kerala-news-and-updates/articleshow/74775194.cms">Coronavirus cases in Kerala news and updates</a> <a href="https://www.businessinsider.in/india/news/coranavirus-cases-in-tamil-nadu-news-and-updates/articleshow/74785909.cms">Coronavirus cases in Tamil Nadu news and updates</a> <a href="https://www.businessinsider.in/india/news/coronavirus-cases-in-haryana-news-and-updates/articleshow/74771116.cms">Coronavirus cases in Haryana news and updates</a>

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How to buy Ola electric scooter S1 and S1 Pro

Rounak Jain

Ola electric scooter sale crosses ₹1,100 crore on second day, here is when the next sale is scheduled

Rounak Jain

Bhavish Aggarwal-led Ola showcases its first electric scooter — aims to operate 1 crore bikes by 2022

IANS

India’s anxious middle class is left waiting for EMI relief after the $22 billion Coronavirus lockdown package

Prabhjote Gill

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