Futurefactory Construction and S1 Launch
Ola Electric begins construction of the Futurefactory in Krishnagiri, Tamil Nadu, completing it in approximately 18 months. The S1 and S1 Pro scooters launch in September 2021 at Rs 99,999 and Rs 1,29,999, generating over 100,000 purchase reservations within 24 hours and validating mass-market EV demand in India.