This follows the profitable pilot challenge of the e-bike service launched in Bangalore in September 2023. Ola goals to have the most important EV 2W (electrical automobile two-wheeler) fleet in the nation with this deployment. The firm plans to scale up its e-bike services nationwide by the top of the yr.
“In line with the company’s vision and growth strategy of serving 1 billion Indians and nationwide penetration with electrification, Ola plans to deploy 10,000 e-vehicles over the next 2 months across these (Delhi, Hyderabad, and Bangalore) cities,” the corporate mentioned in an announcement.
Ola’s e-bike service will likely be priced beginning at Rs 25 for five kilometres, Rs 50 for 10 kilometres, and Rs 75 for 15 kilometres. The firm mentioned that the providing is probably the most inexpensive, sustainable, and handy answer for commuting inside cities.
Hemant Bakshi, CEO of Ola Mobility, highlighted that electrification is a big issue in making mobility extra inexpensive. The success of the e-bike taxi pilot in Bangalore demonstrated the service’s sustainable worth proposition for shoppers (decrease costs), drivers (increased earnings), and Ola (new class and revenues). Now, Ola goals to deploy e-bikes on a bigger scale in Bangalore, Delhi, and Hyderabad.
Ola has already achieved over 1.75 million rides, and it has set up 200 charging stations in Bangalore to assist its rising e-bike fleet. The firm’s progress technique encompasses varied sectors, together with ride-hailing, monetary services, logistics, and e-commerce.
(With PTI inputs)
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