India-based Ola, one of the world’s largest ride-hailing companies, launched “Mission: Electric”, with a commitment to place 10,000 E-rickshaws and Electric auto-rickshaws in its service in the next 12 months. The company will develop “Mission: Electric” as a platform to bring one million electric vehicles on the road by 2021.
From cycle rickshaws to shuttles and last-mile transport, three-wheelers continue to be a dominant form of daily transit for many people across India. Building on the pioneering EV pilot by the company in Nagpur, Ola believes electrification can improve outcomes for drivers, customers, and its business model. Ola will work with driver-partners, cities, vehicle manufacturers, and battery companies to make sustainable technologies cost-effective and viable in daily mobility.
Ola is the market leader in app-based hailing, and intends to leverage its scale to bring cleaner, more comfortable, and safer products to market.
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.
Less than a year ago, we launched India’s first multi-modal electric pilot in Nagpur. After more than 4 million electric kilometers traveled 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.—Bhavish Aggarwal, Co-Founder and CEO of Ola
Ola launched its first electric vehicle project in Nagpur on 26 May 2017. The project includes electric cabs, electric auto rickshaws, electric buses, rooftop solar installations, charging stations, and battery swapping experiments.
The EV program in Nagpur has provided Ola with 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. As India’s largest private vehicle fleet operator, Ola believes that it represents a natural catalyst for EV technology.
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.