Chennai, April 2 -- Battery powered two wheeler maker Ola Electric Mobility Ltd today announced price reduction of Rs.60,000 for its electric motorcycle, Roadster X 9.1 kWh, enabled by rapid economies of scale at its Gigafactory and deep vertical integration of its indigenously developed 4680 Bharat Cell.
As cell production has ramped up, cost efficiencies have improved materially, allowing Ola Electric to pass on these benefits directly to customers, the company said.
The Roadster 9.1 kWh will now be priced at Rs.1,29,999, down from Rs.1,89,999, and would be available in limited units only during specific purchase windows.
Ola Electric will transition from open sales of Roadster X (plus) 9.1 kWh to a limited purchase window model, with ...