![Ola Electric Scooter achieves 107% growth in June 2024 (Source: Ola Electric)](https://greenwheelsindia.com/wp-content/uploads/2024/06/Ola-Factory.jpg)
Ola Electric IPO, valued at approx. $740 million, will be the first by an Indian electric vehicle manufacturer
![Ola Electric fined Rs 1.94 lakh for delivering faulty EV (Source: Ola Electric)](https://greenwheelsindia.com/wp-content/uploads/2024/07/Ola-S1-Pro-repair.jpg)
Ola has to pay Rs 1.62 lakh (electric scooter price), 20k for emotional distress and Rs 10k for legal expenses
![Ola Electric Scooter achieves 107% growth in June 2024 (Source: Ola Electric)](https://greenwheelsindia.com/wp-content/uploads/2024/06/Ola-Factory.jpg)
Most affordable Ola Electric scooter is the S1 X, priced at Rs. 74,999, followed by Ola S1 X+ with price of Rs. 89,999
![India to be top automobile maker in the world soon and will generate its own clean fuel](https://greenwheelsindia.com/wp-content/uploads/2023/02/Ola-Future-Factory-e1677490115772.jpg)
Electric scooters may soon cost Rs 20,000 to Rs 40,000 more than their price today