Overview
- Ola reported that all units allocated for the first sales window were booked within five minutes of opening.
- The Muhurat Mahotsav runs until October 1 with constrained daily allocations released at specified times.
- Promotional prices start at ₹49,999 on S1 scooters and Roadster X motorcycles under the Ola Celebrates India campaign.
- A company spokesperson cast the response as evidence of its push to make EVs more accessible, citing heavy simultaneous logins.
- The announcement coincided with a 2.25% drop in Ola Electric shares to ₹56.92, leaving the stock down about 34% year to date, Business Today reported.