Tuesday, 14 August, 2018

Ola Cabs to add 10000 electric three-wheelers to fleet

Ola to deploy 10,000 electric vehicles in 12 months with ‘Mission Electric Ola Cabs to add 10000 electric three-wheelers to fleet
Russell Knight | 16 April, 2018, 19:11

The company has also announced a bold ambition to have 1 million Electric Vehicles on the road by 2021 with Mission: Electric serving as the platform.

Ola is in discussions with several state governments to create an appropriate policy environment to deploy electric three-wheelers.

"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. The company launched a trial EV program a year ago in the city of Nagpur, but has reportedly run into some recent road bumps.

Originally at the time of launch, the company had committed to set up 50 charging points across four locations in Nagpur, but has only managed to install around 22 Electric vehicle charging stations in the city, the report revealed.

An Ola representative told TechCrunch that the company has installed charging dockets at the homes of some drivers so they can save time by swapping out batteries, stating that "with new technologies like battery swapping, the charging experience has been significantly improved".

The company also increased its commitment to the Nagpur pilot and further expanding its EV fleet to three other Indian cities. To that end, the Japanese investment giant was looking to team up Ola and global auto maker, Toyota. The power ministry in March said Modi had directed senior ministers to ensure that by 2030 most vehicles in India would be powered by electricity.

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Ola believes that electric vehicles cannot only help the environment but can also have better outcomes for drivers, customers, and even help the company's overall business model.

The now operational city EV programme in Nagpur has provided Ola with insights into managing vehicles, batteries, and other operations. The company plans to continue its experimentation with ways to optimise batteries and charging, to develop a strong business model for EV deployment in the country, it added. Ola intends to leverage its scale to bring cleaner, more comfortable, and safer products to market.

The startup, based in Bangalore and backed by bigtime investors like SoftBank in Japan, has not elaborated on how it is planning to grow its fleet of electric vehicles so quickly.

Infrastructure will be provided as part of the initiative, with drivers being given rooftop solar panels and charging stations.

The Bengaluru-based group believes that EVs cannot only help the environment, but it can also provide better outcomes for drivers, customers, as well as with its overall business model for EV deployment in India.

Currently, Delhi seems to be a thriving hub for e-rickshaws.

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