Ola Cabs to add 10000 electric three-wheelers to fleet


The move is part of a broader push by Ola to launch 1 million electric vehicles on its platform by 2021, it said in the statement, adding that it will work with various state governments, vehicle manufacturers, and battery companies to meet its target.

"Three wheelers are a vital means of transportation and a source of livelihood for millions of people every day. It also represents an immediate opportunity to improve outcomes for all stakeholders while reducing pollution across towns and cities", Ola co-founder and CEO Bhavish Aggarwal said.

Reports last May had suggested that Japanese holding firm SoftBank Group Corp., Ola's main investor, was bullish about the electric vehicle market in India.

Originally at the time of launch, the company had committed to set up 50 charging points across four locations in Nagpur, but has only managed to install around 22 Electric vehicle charging stations in the city, the report revealed. Its goal is to turn most if not all vehicles on the roads of the country electric in 12 years, but several challenges are faced by the country to achieve such an objective, including expensive technology for makers of cars and a lack of overall infrastructure.

Ola did not say which manufacturers would provide the three-wheelers or whether it woud be the company making the purchases or whether the vehicles would be driver-owned. As part of the initiative, the company rolled out electric vehicles made by Mahindra's Reva unit.

After more than 4 million electric kilometres traveled and many lessons learned, we are significantly expanding our commitment to electrify mobility in India.

Ola, the leading ride-hailing startup, has announced plans to expand its electric vehicle offerings in the country. Ola is the market leader in app-based hailing and intends to leverage its scale to bring cleaner, more comfortable, and safer products to market.

The now operational city EV programme in Nagpur has provided Ola with insights into managing vehicles, batteries, and other operations.

Ola plans to continue its experimentation with ways to optimise batteries and charging, to develop a strong business model for electric vehicle deployment in the country. Last May, media reports had suggested that Ola was headed the electric auto way, or at least that its lead investor-SoftBank-was bullish about the electric vehicle market in India.

India wants to ensure that by 2030 all new vehicles will be electric, though it has failed to back up this ambition with any explicit policy or roadmap. Electric rickshaws have already shown to be popular in India, with over 100,000 battery powered three wheelers being operated in Delhi.