Ola Electric Launches #EndICEAge Campaign with EVs Starting at ₹49,999
Ola Electric has launched its comprehensive #EndICEAge campaign featuring Gen 3 S1 X and Roadster X electric vehicles at ₹49,999, introducing Service Trust Guarantee with free cab vouchers for service delays, Buyback Guarantee up to 60%, and 8-year extended warranty. The campaign offers benefits up to ₹50,000 valid until March 31, 2026, positioning electric mobility as the optimal choice amid rising fuel costs.

*this image is generated using AI for illustrative purposes only.
Ola Electric Mobility has launched its comprehensive #EndICEAge campaign, offering its Gen 3 S1 X and Roadster X electric vehicles at ₹49,999 along with significant ownership guarantees and benefits up to ₹50,000. The campaign, valid until March 31, 2026, represents the company's decisive push to accelerate India's transition to electric mobility.
Campaign Highlights and Pricing
The #EndICEAge campaign introduces breakthrough pricing and comprehensive ownership assurances designed to make electric vehicles the most compelling choice for Indian consumers:
| Offering: | Details |
|---|---|
| Starting Price: | ₹49,999 |
| Campaign Benefits: | Up to ₹50,000 |
| Validity Period: | Till March 31, 2026 |
| Models Included: | Gen 3 S1 X (2kWh) and Roadster X (2.5kWh) |
Ownership Guarantees
Ola Electric is introducing three key ownership assurances as part of the campaign:
Service Trust Guarantee: The company provides free Ola cab vouchers in case of service delays beyond stipulated timeframes, building on their current same-day service resolution rate of over 80%.
Buyback Guarantee: Customers receive assured buyback value of up to 60%, providing future value certainty and easy upgrade options.
Extended Warranty: An 8-year extended warranty now comes standard across the entire portfolio of S1 scooters and Roadster motorcycles.
Complete Product Portfolio
The company offers an expansive range of electric vehicles with category-leading specifications including up to 320 km IDC range in scooters, up to 500 km range in motorcycles, 0-40 km/h acceleration in 2.1 seconds, and top speeds of 141 km/h:
| Model Category: | Variants | Price Range |
|---|---|---|
| S1 Pro+: | 5.2kWh, 4kWh | ₹1,44,999 - ₹1,24,999 |
| S1 Pro: | 4kWh, 3kWh | ₹1,14,999 - ₹1,02,499 |
| S1 X+: | 4kWh | ₹1,02,499 |
| S1 X: | 2kWh, 3kWh, 4kWh | ₹49,999 - ₹97,499 |
| Roadster X+: | 4.5kWh, 9.1kWh | ₹1,09,999 - ₹1,89,999 |
| Roadster X: | 2.5kWh, 3.5kWh, 4.5kWh | ₹49,999 - ₹99,999 |
Strategic Market Positioning
Bhavish Aggarwal, Chairman and Managing Director, emphasized the campaign's significance in addressing energy security concerns: "The oil shock has brought energy security back into sharp focus for every Indian, and rising fuel prices are a clear reminder of why we must accelerate our journey towards energy independence. With #EndICEAge, we are now shifting back to growth, backing our category-leading products with aggressive pricing."
The campaign positions electric vehicles as the optimal solution amid rising fuel costs, combining advanced technology features like MoveOS 5 with continuous OTA upgrades to deliver a superior riding experience across India's expanding electric mobility landscape.
Historical Stock Returns for Ola Electric Mobility
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.72% | -2.37% | -5.05% | -56.69% | -55.16% | -73.39% |
How will traditional two-wheeler manufacturers like Bajaj and TVS respond to Ola's aggressive pricing strategy?
What impact could this campaign have on Ola Electric's market share and profitability margins over the next two years?
Will other EV manufacturers follow suit with similar buyback guarantees and extended warranties to remain competitive?


































