Ola’s e-scooter raises the heat for India’s incumbent two-wheeler makers

Photo: Company website

Ola Electric has commenced bookings for its electric scooter. Consumers can reserve an Ola Scooter for as low as 499 ($6.6). What’s more, one can modify the order or get a full refund on cancellation. In short, the deal looks mouth-watering and it is likely to attract potential consumers, say analysts.

“Maharashtra has an early-bird incentive (valid till 31 December) of 15,000 and potential customers may want to get ahead in the queue by booking their Ola Electric to avail the extra incentive,” said Nomura Financial Advisory and Securities (India) Pvt. Ltd analysts in a note on 15 July.

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