Ola S1 Z and S1 Z+ electric scooters launched in India

Ola Electric has launched the S1 Z and S1 Z+ electric scooters in India. The scooters are priced at Rs. 59,999 (ex-showroom), and Rs. 64,999 (ex-showroom), respectively. Customers can book the scooters at Rs. 499.

[{"selector":"#anim-9bb881e4-c419-4ce8-a365-4b9fe2b0fefe","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-52f89d45-73bc-489e-b04d-22912a5091cc","keyframes":{"transform":["translate3d(110.90343%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-42340295-82ee-4efe-8f6e-08fa696fefd0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-12.71202716683404%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The S1 Z and S1 Z+ come with removable battery packs that can be charged at your home, office, or any other place with access to a three-pin charging socket. Both scooters feature a futuristic design with sleek panels and minimal bodywork.

[{"selector":"#anim-f93eda43-1bc6-4b38-81f7-338b877eb9da [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-38203d72-be8f-44c1-b142-b3cebd4deb0e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3e640e4f-9344-4e36-87c6-4dd001a5d978","keyframes":{"transform":["translate3d(110.28038%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Both scooters pack a 1.5 kWh battery pack, which can be expanded into two packs. The IDC-certified range stands at 75km with a single battery pack, extendable to 146km with dual batteries.

[{"selector":"#anim-15941c86-6cc1-43d1-879a-18b6f4fe7fe8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-155f6a91-4f1b-4bd9-9483-b52690c20cf8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cd022332-7891-4f26-acf1-192099776b46","keyframes":{"transform":["translate3d(109.96885%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Both scooters have a top speed of 70kph and are powered by a 2.9kW hub motor that propels the scooters from 0-40kph in 4.8 seconds. The features list includes an LCD instrument cluster, physical key, and Bluetooth App connectivity.

[{"selector":"#anim-3ea27731-eb07-42c5-91f3-801a223ad906 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-7fafabac-306e-4b26-8c73-d1e386bbf72c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-85f0ae94-79d9-4079-ad39-b9c1e6e19a0d","keyframes":{"transform":["translate3d(109.96885%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Lower EV penetration in two-wheelers, elevated competition, negative perception on product and service quality, tech obsolescence and sustained losses are the five key risks highlighted by Citi in its note.

[{"selector":"#anim-c60446bd-7f0d-4510-8f0a-5a4ccaad2a99 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b637fafe-24e6-4416-a6e6-cd58b66ddfb4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cd5ef5c1-1ce7-4f9a-9e5b-4b48ab8d3d20","keyframes":{"transform":["translate3d(109.96885%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Seven analysts now have coverage on Ola Electric, with five of them having a "buy" rating, while the other two have a "sell" recommendation on the stock.