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Ola Electric Mobility Pvt is expanding its electric two-wheeler lineup — with its first motorbike and cheapest scooter yet — as it seeks to lure buyers away from gasoline-fueled transportation. The Bengaluru-based startup unveiled four premium electric motorbikes, with sales and deliveries starting in December, at an event at its Ola Future Factory in the southern state of Tamil Nadu. The company is launching its cheapest battery scooter, the S1 X priced at 89,999 rupees ($1,085), to take on affordable gasoline two-wheelers. It will be available starting in December. “After this, we believe there will be no need for anybody to buy internal combustion engine scooters in the country,” said Bhavish Aggarwal, the company’s founder.
“Our goal is that we have to make EVs cost the same as internal combustion engines. We have made a big stride towards that.” Ola is building what it’s touting as the world’s largest electric vehicle hub to churn out battery-powered two-wheelers, cars and EV cells, in addition to housing vendor and supplier facilities.