Ola Electric, one of the leading electric scooter manufacturers in India, has announced its entry into the commercial segment with the launch of its 'Gig' range of scooters. These affordable electric scooters, starting at Rs 39,999, specifically target gig workers who are looking for sustainable and convenient transportation options. The company has also launched a personal-use electric scooter, the S1 Z, priced at Rs 59,999, which is aimed at urban commuters. This move by Ola Electric marks their continued efforts to promote eco-friendly and accessible transportation solutions in the Indian market.
Ola Electric: Making Electric Scooters Accessible for All
Ola Electric, a pioneer in India's electric vehicle market, has recently expanded its offerings to cater to commercial and personal mobility needs. This strategic move highlights the company's commitment to sustainable transportation solutions.
Ola Electric's Commercial Focus
Recognizing the growing demand for affordable and eco-friendly transportation options among gig workers, Ola Electric has launched the 'Gig' range of electric scooters. This range aims to empower delivery executives, e-commerce delivery agents, and other gig workers with cost-effective and reliable transportation options. Priced starting at Rs 39,999, these scooters offer the perfect balance of affordability and sustainability.
Ola Electric's Personal Mobility Offering
For urban commuters seeking a premium personal electric scooter, Ola Electric has introduced the S1 Z. This feature-packed scooter offers a seamless ride experience with its advanced technology and stylish design. Priced at Rs 59,999, the S1 Z is a compelling option for individuals seeking a greener and more convenient mode of transportation.
Top 5 FAQs
1. What's the cost of Ola Electric's Gig range of scooters? A. Prices for the Gig range start at Rs 39,999.
2. What's the top speed of the Ola Electric S1 Z? A. The top speed of the S1 Z is 115 km/h.
3. How long does it take to charge an Ola Electric scooter? A. Charging time varies based on the model and type of charger. For the S1 Z, a fast charger can charge the battery to 50% in 18 minutes.
4. What are the benefits of using Ola Electric scooters for gig work? A. Ola Electric scooters offer cost savings on fuel and maintenance, reduce carbon emissions, and provide a convenient and reliable mode of transportation.
5. How does Ola Electric support its customers? A. Ola Electric provides a range of customer support services, including dedicated service centers, mobile apps, and round-the-clock support.
Conclusion
Ola Electric's recent announcement highlights its commitment to making sustainable transportation accessible for all. With its Gig range of scooters targeting the commercial segment and the S1 Z catering to personal mobility needs, the company is well-positioned to accelerate the adoption of electric vehicles in India. As the electric vehicle revolution continues, Ola Electric's innovative offerings will undoubtedly play a pivotal role in shaping the future of transportation in the country.
The Cabinet Committee on Economic Affairs has granted approval for the PAN 2.0 project, a modernization effort by the Income Tax Department to simplify and improve the process of managing PAN and TAN. With a budget of Rs 1,435 crore, the project aims to consolidate multiple services, portals, and platforms into a single, user-friendly portal. This upgrade will also include a QR code and enhanced cybersecurity measures for better data protection. The goal is to make taxation processes more efficient and effective for taxpayers.
Bengaluru-based Ola Electric has expanded its portfolio with the launch of four new electric scooters, including a budget-friendly option for gig workers. With prices ranging from Rs 39,999 to Rs 64,999, the new models offer different features and ranges to cater to different needs. Ola has also introduced a portable battery inverter for home use.
Italian motorcycle brand Ducati has announced that it will be raising the prices of some of its models from January 2022. The company cites increased operational costs, driven by inflation and commodity prices, as the reason for the price hike. While the brand has not yet disclosed which models will be affected, it is expected that popular models will see a marginal increase while slower-selling ones may keep their current prices. The price increase is set to take effect on January 1st next year.
In an effort to promote sustainable agriculture and reduce farmers' electricity and diesel expenses, the government has launched the PM Kusum Scheme which provides free agricultural pumps to farmers. Experts suggest crowd-financed loans as a viable option for farmers to obtain solar-powered pumps which have long-term benefits. With the central government setting a target for Haryana to install 22,000 solar pumps, applicants can avail of up to 75% subsidy for irrigation.
Mahindra, a prominent carmaker, is set to launch its first ever battery electric vehicles - BE 6e and XEV 9e - in early 2025. These SUVs are built on Mahindra's INGLO platform, specifically designed for electric vehicles. The BE 6e is a sporty coupe with rugged features, while the XEV 9e has an "SUV coupe" appearance. These vehicles are expected to compete with other popular electric cars in the market. The starting prices for BE 6e and XEV 9e are around Rs 18.90 lakh and Rs 21.90 lakh respectively (ex-showroom).
In recent years, Reserve Bank of India Governor Shaktikanta Das has been recognized as the top central banker, achieving the feat for the second time. However, with India's economy facing challenges such as inflation and slow growth, Das has emphasized the need for careful consideration when striking a balance between promoting growth and maintaining price stability. In addition, the governor has called for banks to embrace artificial intelligence as a means of enhancing their operations and staying competitive. Further, Das has assured the public that the RBI is closely monitoring the markets and taking necessary action to ensure stability.
The Securities and Exchange Board of India (Sebi) has approved 'light-touch' rules for passive mutual funds, which will make it easier for funds to be launched and traded on stock exchanges. This move will give mutual fund firms more flexibility and boost competition in the industry. Sebi has also proposed raising the investment limit for angel funds to Rs 50 crore and introduced new rules for insider trading in mutual funds, which will be effective from Nov 1, 2024. In addition, the ED has seized foreign assets belonging to Axis Mutual Fund in a front running case, while Sebi has also introduced new valuation regulations for mutual funds.
UK-based security and surveillance technology company, Synectics, has secured two major contracts totaling £2.3M in the oil and gas sector. These contracts will see Synectics' advanced COEX camera station technology deployed in Qatar's Al-Shaheen oil field and on a Floating Production Storage and Offloading vessel in Brazil. These contracts highlight Synectics' expertise and leadership in providing security solutions for critical infrastructure and showcase their ongoing collaboration with North Oil Company. The systems will play a vital role in ensuring the safety and security of personnel and assets in both projects.
On November 26, India celebrates National Milk Day in honor of Dr. Verghese Kurien's birth anniversary. Known as the "The Milkman of India," Kurien's contributions led to India becoming the largest milk producer in the world. Through the establishment of dairy cooperatives, Kurien helped farmers combat exploitation and connect directly with consumers, leading to the success of the Amul brand and the growth of the dairy industry in India. Let's remember and celebrate the visionary who made India self-reliant in milk production.