MoveOS 4 upgrade brings 100+ features and improvements to enhance rider experience
Bengaluru, December 18, 2023: Ola Electric, India’s largest EV manufacturer, today announced the countrywide rollout of the much-awaited Move OS4 with a slew of new and improved features. The rollout will see all Ola customers receive over-the-air (OTA) upgrades that will unlock the true potential of their scooters. The update not only brings in major performance improvements but also offers enhanced access and safety controls, apart from ensuring a seamless ride experience.
Anshul Khandelwal, Chief Marketing Officer, Ola Electric Technologies Private Limited, said, “We received an overwhelming response for the beta roll out and we are absolutely thrilled to announce the launch of MoveOS 4 software! With MoveOS 3, we introduced features that were truly ahead of their time; now, with MoveOS 4, we are further elevating the experience of all our customers. MoveOS has always been one of the most technically advanced OS and is always evolving with the help of regular upgrades; MoveOS 4 ensures that our vehicles stay future-proof and our customers get the best of Ola’s technology.”
Ola’s MoveOS is one of the most advanced software platforms for scooters that the company has upgraded every year to future proof the vehicles for its customers and enrich their riding experience. Now, with MoveOS 4, the Ola S1 Gen 1 scooter portfolio, S1 Pro (2nd Generation), and S1 Air will get a total of 100+ features and improvements. S1 X+ will get the upgrade in the coming months.
Key features include:
Ola Maps
MoveOS 4 has taken navigation to a whole new level with Ola Maps. This feature enables a faster and more accurate search function with improved routing. The redesigned user interface allows riders to access essential features seamlessly without leaving the navigation screen. Additionally, Ola Maps empowers users to designate favorite locations for a highly personalized navigation experience. Users can also push locations from their phone to scooter through bluetooth and can even locate their scooter from the Ola Electric app.
Enhanced Features
The users will also benefit from a better riding experience with significant improvements to ‘Hill Descent Control’ and the introduction of ‘Cruise Control in eco-mode’. AI-Based Indicator Control turns off indicators automatically minimizing manual commands and learns about user preferences to personalize the experience the more the feature is used. The upgrade introduces ‘Favorites-Only Calling’ for streamlined and distraction free communication, ‘Resettable Tripmeters’ for trip tracking, and “Moods” feature. The MoveOS 4 upgrade also includes a new “Care” mood that allows the community to connect with the Ola Electric mission through real time information about C02 savings and cost savings via on screen widgets. MoveOS 4 also gets a ‘Concert Mode’, enabling the host user to play synchronized music across multiple Ola scooters and put on a coordinated light show in synchronization with the music. These collective enhancements elevate MoveOS 4, making it a substantial upgrade that enhances efficiency, convenience, entertainment and overall experience for riders.
New and Improved Ola Electric App
MoveOS4 introduces a new ‘Ride Journal’ on the Ola Electric App – Companion App (CApp), enabling users to share their riding milestones and badges. Users can also view ride metrics and charging and riding-based energy insights for improving energy efficiency and range. The CApp now offers a ‘Dark Mode’ option and convenient phone widgets for quick access to key scooter information and commonly used actions. This upgrade facilitates OTA software updates via the CApp for a seamless experience. It enhances security with biometric lock options (face ID or fingerprint) enhancing privacy and security.
Ownership Experience
MoveOS4 enhances the ownership experience by offering advanced control features that provide greater security and customization options. The upgrade brings features like Geofencing and Timefencing to enable users to define specific operating areas and timeframes for the scooter, while the ability to limit ride modes ensures safe and appropriate usage for secondary users of the scooter. ‘Tamper Detection’ and ‘Fall Detection’ powered by AI, alerts users on the CApp in real-time if unauthorized tampering or a fall is detected. Besides, the upgrade introduces a passcode reset option via Bluetooth or the cloud for easy recovery in case of forgotten passcodes.
Ola recently expanded its S1 portfolio to five scooters. Priced at INR 1,47,499, S1 Pro (2nd Generation) is the company’s flagship scooter while S1 Air is available at INR 1,19,999. Ola has additionally introduced its ICE-killer product, the S1X in three variants – S1 X+, S1 X (3kWh), and S1 X (2kWh) to cater to the requirements of riders with diverse preferences. The S1 X+ is currently available at INR 89,999 with a flat INR 20,000 offer on the ex-showroom price of INR ₹1,09,999. The reservation window for the S1 X (3kWh) and S1 X (2kWh) is open at INR 999 only. S1 X (3kWh) and S1 X (2kWh) scooters are available at an introductory price of INR 99,999 and INR 89,999, respectively.
Disclaimer:
OLA ELECTRIC MOBILITY LIMITED is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to undertake an initial public offering of its equity shares and has filed a draft red herring prospectus dated December 22, 2023 (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is available on the websites of SEBI at www.sebi.gov.in, stock exchanges i.e., BSE at www.bseindia.com and NSE at www.nseindia.com, respectively and is also available on the website of our Company at www.olaelectric.com and websites of the book running lead managers, i.e. Kotak Mahindra Capital Company Limited at https://investmentbank.kotak.com, Citigroup Global Markets India Private Limited at www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm, BofA Securities India Limited at https://business.bofa.com/bofas-india, Goldman Sachs (India) Securities Private Limited at www.goldmansachs.com, Axis Capital Limited at www.axiscapital.co.in, ICICI Securities Limited at www.icicisecurities.com, SBI Capital Markets Limited at wwww.sbicaps.com and BOB Capital Markets Limited at www.bobcaps.in, respectively. Investors should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see the section titled “Risk Factors” on page 28 of the DRHP. Potential investors should not rely on the DRHP filed with SEBI in making any investment decision.
The equity shares have not been and will not be registered, listed or otherwise qualified in any other jurisdiction outside India and may not be offered or sold, and bids may not be made by persons in any such jurisdiction, except in compliance with the applicable laws of such jurisdiction. The equity shares have not been and will not be registered under the US Securities Act of 1933 (“U.S. Securities Act”) or any state securities laws in the United States and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and in accordance with any applicable United States state securities laws.