A referral scheme allows existing customers to earn up to ₹5,000 in Ola credits per successful referral.
Ola Electric Mobility Ltd announced on Wednesday the expansion of its ‘Ola Insiders’ upgrade program to over 150 cities, citing more than 50,000 customer expressions of interest within days of the programme’s initial launch. The expansion, effective today, is expected to bring the program within reach of approximately 80 per cent of the company’s existing customer base nationwide.
The program targets owners of Gen 1 and Gen 2 Ola scooters, allowing them to trade up to the company’s current Gen 3 S1 portfolio and Roadster motorcycle lineup. Benefits under the upgrade tier are valued at up to ₹50,000 per transaction, including on variants featuring the 4680 Bharat Cell battery.
Additional Benefits
Beyond upgrades, the program offers two additional benefit tracks. Existing customers adding a second vehicle under the same registered name can claim benefits of up to ₹20,000, covering cashback and MoveOS software upgrades.
A referral scheme allows existing customers to earn up to ₹5,000 in Ola credits per successful referral, while the referred buyer receives ₹1,000 cashback.
The company’s current Gen 3 S1 scooter range spans ₹84,999 to ₹1,77,838 across multiple battery configurations. The Roadster motorcycle lineup ranges from ₹79,999 to ₹1,89,999.
Ola Electric’s shares closed at ₹23.86 on the NSE on Wednesday, up 2.62 per cent from the previous close of ₹23.25, on a trading high of ₹24.49 during the session.
Published on March 26, 2026