The Ola S1 Z features a new, boxy design language that gives it a distinctive look. The Z+ variant enhances this appeal further with added accessories like luggage racks at both ends, a pillion sidestep, and a small visor. On the commercial front, the Ola Gig stands out with a large single seat for the rider and a rear carrier, all in a minimalistic, barebones design. In contrast, the Gig Plus variant incorporates additional body panels that sets it apart visually. Both the variants of the Gig ride on 12-inch wheels, completing the package.

The Ola S1 Z is equipped with a hub-mounted motor producing a peak power output of 4 bhp, enabling a claimed top speed of 70 kmph. According to Ola, it accelerates from 0 to 40 kmph in 4.7 seconds and rides on 14-inch wheels.

Meanwhile, the Ola Gig features drum brakes at both ends and a telescopic front fork for suspension. It is powered by a compact 250-watt electric motor, which allows a top speed of 25 km/h, making it exempt from registration requirements. In contrast, the Ola Gig+ is equipped with a more powerful 1.5 kW motor, offering a higher top speed of 45 kmph.

The Ola S1 Z is equipped with two 1.5 kWh battery packs, with the flexibility to operate on just one. Using a single battery pack, the S1 Z delivers a range of 75 km, which extends to 146 km when both packs are utilised.

On the other hand, both variants of the Ola Gig come with a single, removable 1.5 kWh battery pack. Consumers can opt for an additional battery pack with the Gig+. The standard Gig offers a range of 112 km with one pack, while the Gig+ provides a range of up to 81 km with a single pack or 157 km when equipped with both.

The Ola S1 Z starts at an ex-showroom price of ₹59,999, while the higher-spec S1 Z+ variant is priced at ₹64,999. It joins Ola's existing lineup, which includes models like the S1 Pro, S1 Air, and S1 X. Deliveries for the S1 Z are set to begin in May 2025.

Ola Electric's first commercial electric two-wheeler, the Ola Gig, is priced from ₹39,999 (ex-showroom) and is available in two variants. The higher-spec variant, the Gig+, comes with a price tag of ₹49,999 (ex-showroom).