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Mission Electric: Ola To Put 10,000 Electric Vehicles On Road In Next 12 Months

NEWS WORLD INDIA | 0
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| April 16 , 2018 , 16:38 IST

Bengaluru-based cab-aggregator Ola on Monday announced its "Mission Electric", a commitment to place 10,000 e-rickshaws and electric auto-rickshaws in service in the next 12 months.

The company believes electrification can improve outcomes for drivers, customers, and its business model.

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“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,” said Bhavish Aggarwal, Co-Founder and CEO of Ola.

He added: “Less than a year ago, we launched India’s first multi-modal electric pilot in Nagpur. After more than 4 million electric kilometres travelled and many lessons learned, we are significantly expanding our commitment to electrify mobility in India.  Ola leads by example, and we look forward to working with state governments and other partners to introduce accessible, affordable, and sustainable mobility solutions at scale.”

To enable drivers to switch to EVs, Ola’s program also includes infrastructure like rooftop solar panels and charging stations.

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Ola launched its first electric vehicle project in Nagpur on 26th May 2017 which has provided Ola with significant insights into effectively managing vehicles, batteries, and operations. The company plans to continue its experimentation with ways to optimize batteries and charging, to develop a strong business model for EV deployment in the country. 

Ola is in discussion with several state governments to create an appropriate policy environment to deploy electric three-wheelers. The company is also talking to OEM partners and EV innovators globally to bring vehicles on the road in a planned and phased manner. 

With the addition of 10,000 vehicles across three cities this year, Ola is quickly set to become one of the largest EV fleet operators in the world.