Ola launches e-bike services in Delhi and Hyderabad, announces fares

Ride-hailing platform Ola has launched e-bike services in Delhi and Hyderabad. The company has also announced the prices for the e-bike services. According to the official statement, Ola e-bike rentals start from 25 for 5km, 50 more for 10km Rs 75 for 15 km.

Apart from Delhi, Ola is also planning to start e-bike service in Bengaluru. Ola has set up 200 charging stations in Bengaluru to service its e-bike fleet.

Ola Founder Bhavish Aggarwal’s Krutrim Becomes India’s First AI Unicorn | What Is Cruel AI?

Ola plans to deploy 10,000 electric two-wheelers in three cities in the next two months and gradually expand its service across the country by the end of the year.

“Following the huge success of our Bangalore e-bike taxi pilot, we have proven its sustainable value proposition for all ecosystem participants – consumers (low prices), drivers (higher earnings), and Ola (new category and revenue), and Is done. Now look at large-scale deployment in Bengaluru, Delhi and Hyderabad and create a huge market for e-bike taxis in India,” said Hemant Bakshi, CEO, Ola Mobility.

Ola mobility business becomes profitable, eye on industry leadership

In September 2023, Ola launched a pilot project for e-bike service in Bengaluru.

The company said, “In line with the company’s vision and growth strategy to serve one billion Indians and reach across the country with electrification, Ola will deploy 10,000 e-vehicles in the next 2 months across these cities (Delhi, Hyderabad and Bengaluru).” “Planning to do.” in a statement.

With the deployment of these vehicles, Ola claims to have the largest EV 2W fleet in the country.

See also  'No drinking, no eating, no toileting': Gazans describe Israeli detentions

Ola Electric introduces MoovOS 4 update with over 100 features: All details

Bakshi said that electrification is the biggest lever to unlock the potential in the mobility sector.

Plan to test all EV batteries for safety amid fires

To date, Ola claims to have completed over 1.75 million rides.

Ola has also set up 200 charging stations in Bangalore to service its e-bike fleet.

The company announced a growth strategy focused on ride-hailing, financial services, logistics and e-commerce.

Unlock a world of benefits! From informative newsletters to real-time stock tracking, breaking news and personalized newsfeeds – it’s all here, just a click away! log in now!

catch ’em all corporate news And updates on Live Mint. Check out all the latest action budget 2024 Here. download mint news app to receive daily market update & stay business News,

More
Less

Published: 27 January 2024, 09:17 am IST

Follow us on Google news ,Twitter , and Join Whatsapp Group of thelocalreport.in

Pooja Sood

Pooja Sood, a dynamic blog writer and tech enthusiast, is a trailblazer in the world of Computer Science. Armed with a Bachelor's degree in Computer Science, Pooja's journey seamlessly fuses technical expertise with a passion for creative expression.With a solid foundation in B.Tech, Pooja delves into the intricacies of coding, algorithms, and emerging technologies. Her blogs are a testament to her ability to unravel complex concepts, making them accessible to a diverse audience. Pooja's writing is characterized by a perfect blend of precision and creativity, offering readers a captivating insight into the ever-evolving tech landscape.

Related Articles