Wave’s S1 and S1 Pro electric scooters start massively after the first day of sales, with CEO Bhavish Aggarwal having the company sell two electric scooters every second.
The original launch did not work in the same way that an error in the ordering process delayed orders by one week.
But now that the company has relaunched itself with an improved ordering system, the Ola S1 and Ola S1 Pro electric scooters are coming off the virtual shelves.
The company had 80,000 sales in the first 12 hours. To put it in perspective, this is a daily sales rate that matches the quarterly sales rate of the NIU electric scooter industry leader.
Of course, Ola Electric has the advantage of targeting the world’s largest two-wheel electric market. This high level of sales may decline soon as early adopters saturate sales, but the dramatic opening highlights local market excitement for new Wave scooters.
Ola Electric is seen as one of the best hopes to turn the large number of motorcycles and gas powered motorcycles in India into electric alternatives.
Many other electric inputs in the Indian two-wheeled market have been geared to the specifications of the class of mopeds with lower speeds and smaller batteries. But Ola has set its sights on higher powers and speeds to effectively replace 125cc gas motorcycles and scooters.
The Ola S1 and S1 Pro are powered by an 8.5 kW electric motor. The base level S1 has a top speed of 90 km / h (56 mph), while the S1 Pro can reach higher speeds of up to 115 km / h (71 mph).
The two scooters also include relatively large batteries, with 3 kWh of capacity in the S1 and 4 kWh of capacity in the S1 Pro. These large batteries provide ranges of 121 km (75 miles) and 181 km (112 miles), respectively. However, such high ranges are usually calculated at lower city speeds.
While the performance specifications of the scooters have been praised, perhaps the most notable feature of the scooters in their presentation was the price, which was announced to start at only Rs 99,999 ($ 1,350).
The scooters are being built at Ola’s new Futurefactory, a massive, extensive complex designed to produce soon 2 million electric scooters a year. There are plans to increase this capacity to 10 million electric scooters a year.
This large production capacity will not only feed the domestic market; Hello plans to export its scooters internationally. CEO Bhavish Aggarwal announced earlier this month that they were working to export scooters to the US in early 2022.
Ola Electric has also published news about its social policies, including the exploitation of an all-female workforce in its factory.
With Wave sales currently on a trajectory to the sky, these workers will surely stay busy for quite some time.
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