Monday January 21, 2019
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Huge Number of Electric Vehicles To Be Launched By OLA soon

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Ola
Ola enters UK, rides in South Wales.

Ride-hailing major Ola on Monday said it would roll out about 10,000 electric rickshaws and e-auto-rickshaws in cities and towns across the country over the next 12 months for shuttle services.

“We intend to launch one million electric vehicles by 2021 as part of our commitment to sustainable mobility,” said the city-based firm in a statement here.

As three-wheeler cycle rickshaws and auto-rickshaws are a common transport mode in cities and towns across the country, the company said their electric version would improve outcomes for drivers and commuters alike.

Ola's electric vehicles
Electric vehicles from Ola to be launched soon.

“We will work with driver-partners, cities, manufacturers and battery firms to make cost-effective and sustainable mobility,” noted the statement.

The company will use its app-based hailing and leverage its scale to offer cleaner, comfortable and safer service to its customers.

“As three wheelers are a vital commuting mode and source of livelihood for people daily, the electric version provides an opportunity to improve the service to all stakeholders and reduce pollution in cities and towns,” asserted Ola co-founder and Chief Executive Bhavish Aggarwal on the occasion.

Ola launched its first e-vehicle project at Nagpur in central Maharashtra in May 2017 on a pilot basis to offer accessible and affordable mobility.

Also Read: Ola offers free rides in Melbourne

The company has urged state governments to draft an environment policy for deploying electric vehicles, including three-wheelers for mobility.

The seven-year-old cab hiring provider operates in 110 cities and towns with about 10,000 drivers as its partners nationwide.  IANS

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Ola Money Postpaid to be Available For all Ola Users

Apart from extending the service to all its customers in coming months the company would also increase credit line offering and billing cycle to 30 days, as per the statement

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Ola Cabs. Image source: Flickr

Ride-sharing platform Ola on Thursday said its credit payment feature, Ola Money Postpaid which offers a 15-day credit line to passengers, would soon be available to all the Ola app users.

Ola Money Postpaid is a digital credit payment service that allows users to pay for all the expenditure once every 15 days.

“The offering was launched last year as a pilot, and has received good response from customers with 30% growth month-on-month,” an Ola statement said.

Ola Money Postpaid to be available for all Ola users.

At present, Ola Money Postpaid is being used by over 10 per cent of Ola customers.

Apart from extending the service to all its customers in coming months the company would also increase credit line offering and billing cycle to 30 days, as per the statement.

“Ola Money Postpaid will also extend its reach beyond mobility and integrate it into other segments such as food, entertainment and utilities in the coming months. The company also plans to enroll other merchants to create a faster and convenient payment mechanism for customers.” (IANS)