Ride-hailing platform Ola has launched e-bike services in two cities, Delhi and Hyderabad. The company has also announced the fares for its e-bike services. As per the official statement, Ola e-bike fares start from Rs 25 for 5 km, Rs 50 for 10 km and Rs 75 for 15 km.
Apart from Delhi, Ola is planning to start the e-bike service in Bengaluru in the near future. Ola has set up 200 charging stations in Bengaluru for the smooth functioning of its e-bike fleet. The company has plans to introduce 10,000 electric two-wheelers across three cities in the next two months and scale up its service across the nation by the end of 2024.
E-Bike Taxi A Massive Success In Bengaluru Says Ola CEO
“Following the massive success of our Bangalore e-Bike taxi pilot, we have proven its sustainable value proposition for all ecosystem participants – the consumer (lower price), the driver (higher earnings), and Ola (new category and revenues), and now look at mass deployments across Bengaluru, Delhi, and Hyderabad and build a larger market for e-Bike taxis in India,” Hemant Bakshi, CEO, Ola Mobility said.
“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 company stated.
Company Claims Largest Ev 2-Wheeler Fleet In India
With the introduction of these vehicles, Ola has claimed to have the largest EV 2W fleet in the country. Bakshi said electrification is the biggest lever to unlock affordability in the mobility space. As of date, Ola claims to have accomplished more than 1.75 million rides.
The company announced a growth strategy that focuses on ride-hailing, e-commerce, logistics, and financial services.
Bengali