What are the performance and range figures for the Ola Electric Gig scooter?

The Ola Gig electric scooter features a 1.5 kWh removable battery, offering a range of 112 km and a top speed of 25 km/h. The Gig variant includes an optional dual-battery setup, extending the range to 157 km with a top speed of 45 km/h.

What is the price of Ola Gig?

The price of Ola Gig in India starts at Rs. 39,999 and goes upto Rs. 49,999.

What will be the lowest down payment for Ola Gig?

The lenders generally finance 90% of the value of the . Some customers might be eligible for 100% funding too. The down payment is the difference between the on-road price of the and the amount funded by a lender. This means the minimum possible down payment that you have to pay for Ola Gig includes the RTO and insurance charges.

What will be the monthly EMI for Ola Gig?

EMIs or Equated Monthly Installments refer to the monthly payments you make to the lender to repay your loan. These payments include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI for Ola Gig can be calculated using the following formula: {P x R x (1+R)^N / [(1+R)^N-1]} where, P = Principal amount of the loan, R = Rate of interest and N = Number of monthly installments. For Example:- If the principal amount for a bike loan is Rs. ₹39,114/- on an annual rate of interest of 10% for a tenure of 3 years then EMI = 39114 * 0.008333*(1+ 0.008333)^36 / ((1+ 0.008333)^36)-1 = Rs 1,257/- The rate of interest (R) on your loan is calculated monthly i.e. (R= Annual rate of interest/12/100). For instance, if R = 10% per annum, then R= 10%/12 = 0.008333.

What will be the interest rate for Ola Gig?

The interest rate for Ola Gig primarily depends on the principal amount and tenure of the loan amount. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum. Customers can also negotiate with the financier for a better rate of interest against their loan amount.

What will be the EMI for 3 years tenure for Ola Gig?

EMI for Ola Gig for 3 years tenure can be calculated as per the following formula:- {P x R x (1+R)^N / [(1+R)^N-1]} Where, P = Principal amount of the loan, R = Rate of interest, N = Number of monthly installments which will be 36 in case of 3 years tenure.

What is the range offered by Ola Gig on a full charge?

Ola Gig offers range of 112 km/charge.

Does Ola Gig need a license?

Yes, it is required to have a driving license to drive Ola Gig.

What is the top speed of Ola Gig?

Top speed of Ola Gig is 25 km/Hr.

What is the battery capacity of Ola Gig?

Battery Capacity of Ola Gig is 1.5 Kwh.

When will the Ola Gig launch?

The Ola Gig was launched on Nov, 2024

What is the expected price of the Ola Gig in India?

The Ola Gig has already been launched and the price starts from Rs 39,999 - 49,999 (ex-showroom Delhi).

What is the max speed of Ola Gig?

The max speed of Ola Gig is 25 km/Hr.

What is the driving range of Ola Gig?

The driving range of Ola Gig is 112 km/charge.

What is the battery type of Ola Gig?

Ola Gig uses the best Lithium-ion battery.

What are the Color options of Ola Gig?

Ola Gig comes with 1 color options - White.

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Recently Asked User Questions about Ola Gig

devyanisharma asked on 11 Dec 2024
Q.
What are the performance and range figures for the Ola Electric Gig scooter?
Bikedekho experts
on 12 Dec 2024
The Ola Gig electric scooter features a 1.5 kWh removable battery, offering a range of 112 km and a top speed of 25 km/h. The Gig variant includes an optional dual-battery setup, extending the range to 157 km with a top speed of 45 km/h.
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Helpful (0)
- 1 Answer
devyanisharma asked on 9 Dec 2024
Q.
What is the price of Ola Gig?
Bikedekho experts
on 10 Dec 2024
The price of Ola Gig in India starts at Rs. 39,999 and goes upto Rs. 49,999.
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