Ola Electric rides into gig segment; set to launch sub-Rs 40K e-scooter

Quick Summary:

The new range includes the Ola Gig, priced at Rs 39,999, specifically designed for gig workers making shorter trips.

Its market share had previously fallen from a high of 53.6 per cent in April to 32.1 per cent in August, amid rising complaints over after-sales service and quality issues.

The four new models — Ola Gig, Ola Gig+, Ola S1 Z, and Ola S1 Z+ — target different use cases, from gig workers to urban commuters and small business owners.

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Article Details

Category: BusinessFinance

Markets: India

Topics: The gig economy Ola Electric Mobility Indian companies Gig workers

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-26 @ 23:29:07 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 720 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23894665

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