Ola to introduce 10000 EVs

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Three-wheel rickshaws are a popular way of making quick trips in many cities and can be hailed through Ola's app; the company's electric vehicle trial program in Nagpur, which started in May 2017, already includes rickshaws. After more than four million electric kilometers traveled and many lessons learned, we are significantly expanding our commitment to electrify mobility in India. He adds that this also represent an immediate opportunity to improve outcomes for all stakeholders while reducing pollution across towns and cities.

The company is looking to harness the enormous potential offered by electric three-wheelers, which can offer commuting in a better, faster and cost-effective manner.

One year after launching electric vehicle (EV) pilots in Nagpur, ride-hailing player Ola is fine tuning its strategy with a focus on electric rickshaws.

Ola attempted to create their own homegrown electrical vehicle equipment with Indian partners but failed to do so and is therefore looking towards European markets where electric vehicles have taken off, said sources within the company. Ola is now in discussions with several state and municipal governments about where to launch its electric rickshaw program and is "willing to work with any city committed to sustainable mobility solutions". So their decision of introducing cleaner comfortable and safer products is quite remarkable and can have positive effects.

In Nagpur, Ola's electric vehicle project was inaugurated by Devendra Fadnavis, Chief Minister of Maharashtra, and Nitin Gadkari, Honourable Union Minister of Road Transport, Highways and Shipping. It added that it plans to continue exploring ways to optimise batteries and charging.

Last month, Ola also roped in Anand Shah, an advisor to a lobby firm headed by former US Secretary of State Madeline Albright, to drive its electric vehicle program.

Reports last May had suggested that Japanese holding firm SoftBank Group Corp., Ola's main investor, was bullish about the electric auto market in India. Ola is already in talks with several state governments.

Masayoshi Son, CEO, SoftBank, had told Mint that Ola would deploy a million electric vehicles in the next five years in partnership with a carmaker and the government.

In the cab market is Lithium Cabs, which uses only Mahindra EON vehicles, but for B2B use. "We have set a target to introduce around 10,000 electric vehicles in various cities of the country".

Currently, Delhi seems to be a thriving hub for e-rickshaws. Several Ola drivers have been unhappy with the long wait times at charging stations and high operating expenses and want to return their cars, according to a Reuters report last month.