Ola plots a million EVs on Indian roads by 2021

Ola launches

Ola plots a million EVs on Indian roads by 2021

Indian ride-hailing firm Ola, backed by Japan's SoftBank Group, said it will add 10,000 electric three-wheelers to its fleet over the next 12 months as part of a plan to promote the use of electric vehicles.

On the other hand, in a video shared of Mission:Electric, Ola has emphasised on electric models of Mahindra and said that company will partner with Mahindra and others to lead the electric vehicle revolution.

And they're apparently working with the government to make it happen - according to Ola's press statement, the company is in talks with Indian state governments to develop policy for the phased deployment of its three-wheeled electric vehicles.

"Three-wheelers are a vital means of transportation and a source of livelihood for millions of people every day". Ola co-founder and CEO Bhavish Aggarwal also pointed out that it represents an immediate opportunity to improve outcomes for all stakeholders while reducing pollution. The Bengaluru-based company had started its electric vehicle project in May past year in Nagpur and claims to have clocked 4 million kilometres of travel by these electric vehicles in the city. The project also includes a fleet of buses, rooftop solar installations, charging stations and battery-swapping experiments. Three cities will be targetted to receive the new rickshaws, though it has not been revealed which cities these will be.

Ola believes that electric vehicles cannot only help the environment but can also have better outcomes for drivers, customers, and even help the company's overall business model.

In an official statement, Ola shared that it will work with driver-partners, cities, vehicle manufacturers, and battery companies to make sustainable technologies cost-effective and viable in daily mobility. Ola intends to leverage its scale to bring cleaner, more comfortable, and safer products to market.

On Monday, Ola said that its vehicles in Nagpur thus far have clocked over four million kilometers or 2.5 million miles. It added that it plans to continue exploring ways to optimise batteries and charging. It also did not provide details of when it planned to introduce electric cars.

Amid such scalability in electric vehicle space, Ola's plans and commitment with Mission: Electric to push for electric vehicles market is a promising and continuous work.

The Bengaluru-based group believes that EVs cannot only help the environment, but it can also provide better outcomes for drivers, customers, as well as with its overall business model for EV deployment in India. Electric rickshaws have already shown to be popular in India, with over 100,000 battery powered three wheelers being operated in Delhi.

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