The Ola S1 Pro is making it big in the EV market with frequent OTA updates and multiple product launches in the lineup. Today, Ola Electric holds almost 40% of the electric scooter market cap, beating competitors like Ather Energy, Simple One, TVS Motors, etc. Due to the rapid expansion of Ola Electric, customers who were ready to get an ICE vehicle are now opting to purchase an Ola’s electric.
Ola has a lot of eyeballs towards it, but its staggering high ex-showroom price discourages many potential customers from buying an electric scooter, and other issues like poor charging infra and weak after-sales service work like resistance from owning an EV.
But no more excuses, Zecat is the emerging support system for all EV owners in India. Zecat enables you to own an EV without paying the large upfront cost; instead, subscribe to an EV.
Ola S1 Pro (Gen 2) on-Road Price:
Ex-showroom Price:
Ola keeps things simple with a single S1 Pro Gen 2 variant. This variant starts at an ex-showroom price of Rs. 1,47,000. This price represents the base cost of the scooter, excluding taxes and registration charges.
On-road Price:
The ex-showroom price is just the tip of the iceberg. To understand the real cost you’ll pay, let’s break down the on-road price:
- RTO Charges: These vary depending on location and can range from 2-5% of the ex-showroom price. For example, in Delhi, RTO charges for the S1 Pro Gen 2 would be around Rs. 2,940.
- Insurance: Third-party insurance is mandatory, and its cost depends on factors like your IDV (Insured Declared Value) and the chosen insurance provider. Generally, expect to pay between Rs. 5,000-8,000 for insurance.
- Additional Charges: Some states might levy additional charges like registration fees, handling charges, accessories, etc. These are usually nominal, but adding them up can give you a more accurate picture of the on-road price.
Final On-road price:
Let’s retake the example of Delhi. Assuming an RTO charge of Rs. 2,940 and an insurance premium of Rs. 6,000, the on-road price of the Ola S1 Pro Gen 2 in Delhi would be approximate:
- Ex-showroom price: Rs. 1,47,000
- RTO charges: Rs. 2,940
- Insurance: Rs. 6,000
- On-road price: Rs. 1,55,940
Why to lease Ola S1 Pro from Zecat:
Here’re a few reasons to consider Ola S1 Pro Leasing from Zecat.
- On-demand EV charger installation
- Free Doorstep maintenance
- Free expert consultation
- Roadside Assistance
- Mobile Charging (EV charging on demand)
- lifetime free expert EV consultation.
Zecat is one of India’s few EV leasing companies with a robust network with various dealerships and a deep understanding of customer’s needs and pain points. With the relevant experience and unbreakable spirit, Zecat is moving strongly to solve all customers’ pain points and provide our audience with a great EV-owning experience.
Benefits of EV leasing VS Buying:
Benefits of EV Leasing:
Despite the growing popularity of EVs, their ‘high upfront costs’ remain a significant barrier to mass adoption, especially in the four-wheeler segment.
As Indians, we are hard-wired to own a vehicle either by paying the total upfront cost or getting a loan, which, to some extent, is okay for ICE vehicles because they have a high resale value. Whereas EVs are battery-operated, and their cost drops to a large area after a few years, hence you’re not getting a higher resale value for your EV. EV leasing addresses these concerns by offering a more affordable alternative.
- Cost Effective
- No hassle to resale
- Insurance included.
- Zero maintenance from your pocket
One of the primary advantages of EV leasing is the reduced cost for consumers. Individuals and companies can make a lower upfront payment and manage an easy-to-pocket monthly instalment by opting for a lease. This affordability factor makes EVs accessible to a broader range of consumers who may have previously been unable to purchase an electric car.
Another concern for prospective EV owners is the depreciation of the vehicle’s value over time. However, when an EV is leased, the lessee doesn’t have to worry about the vehicle’s resale value. Some original equipment manufacturers (OEMs) even include a service and maintenance package in their leasing agreements. At the same time, other rental firms take care of all maintenance and servicing throughout the lease term, eliminating additional costs for the lessee.
Ola S1 Pro (Gen 2) Specifications
Ola S1 Pro | Specifications |
Range | 195km (ARAI range) |
Top Speed | 120km/h |
Charging time | 6 hours |
Battery | 4kWh (PMSM) |
Motor | 8kW |
Charging cost | 4 units |
Fast charging | 1 hour |
