Ola Electric Reduces Roadster 9.1 Price by ₹60,000 Amid Production Scale-Up
Ola Electric cuts Roadster 9.1 price by Rs 60,000 as 4680 Bharat Cell production scales
The Economic Times
Image: The Economic Times
Ola Electric has reduced the price of its flagship Roadster X+ 9.1 kWh electric motorcycle by ₹60,000, bringing it down to ₹1,29,999. This price cut is attributed to improved cost efficiencies from the production of its 4680 Bharat Cell at its Gigafactory, allowing the company to enhance customer accessibility to electric mobility.
- 01Price of Roadster X+ 9.1 kWh reduced by ₹60,000 to ₹1,29,999.
- 02Limited purchase window model introduced for the motorcycle.
- 03Production of the 4680 Bharat Cell has significantly increased, enhancing cost efficiencies.
- 04Ola Electric recorded over 150% month-on-month growth in registrations in March.
- 05Demand for the Roadster has increased more than 5X during the #EndICEAge campaign.
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Ola Electric has announced a ₹60,000 price reduction for its Roadster X+ 9.1 kWh electric motorcycle, now priced at ₹1,29,999. This move is made possible by significant cost efficiencies achieved through the scaling of production at its Gigafactory, where the indigenously developed 4680 Bharat Cell is manufactured. The company will transition to a limited purchase window model, allowing customers to buy the motorcycle during specific time slots. The first window opens on April 3. Ola Electric has seen a surge in demand, with registrations increasing by over 150% month-on-month in March, and daily orders surpassing 1,000 units. This strong performance reflects the growing interest in electric mobility, further supported by the company's efforts to enhance its production capacity and service operations.
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This price reduction makes electric motorcycles more accessible to consumers, potentially increasing adoption rates in the market.
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