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Ola plans to setup a manufacturing hub for electric two-wheelers in Tamil Nadu

By : Sustainability ..., Dec 15, 2020

Homegrown ride-hailing giant Ola is looking to set up a manufacturing hub for electric two-wheelers in Tamil Nadu, for which it signed a memorandum of understanding (MoU) with the state government on Monday. The company in a release said that the...

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Subject Tags: e-mobility , Ola

Ola waives off peak pricing in Delhi

By : Sustainability ..., Nov 4, 2019

Ride-hailing, mobility solution provider Ola on Saturday has announced that there will be no peak pricing on rides during the period of the odd-even scheme in New Delhi between November 4-15, 2019. The company will also work closely with its driver-partners to ensure maximum...

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CCI approves Hyundai and Kia's acquisition of shareholding in Ola

By : Sustainability ..., Oct 31, 2019

Fair trade regulator Competition Commission of India (CCI) on Wednesday said that it had approved Hyundai Motor Company (HMC) and Kia Motors Corporation’s (KMC’s) acquisition of shareholding in ANI Technologies Private Limited (ANI), the parent company of ride-hailing firm...

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Microsoft set to invest $200 mn in Ola, boost connected car tie-up

By : Sustainability ..., Oct 30, 2019

Ride-hailing company Ola is set to unveil a connected car project in partnership with Microsoft Corp., which will also invest around $200 million in Ola’s parent, ANI Technologies Pvt. Ltd, two people aware of the deal said. Microsoft will acquire around 4.5% in ANI...

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India's new mobility market expected to touch $90 bn by 2030: Data

By : Sustainability ..., Oct 15, 2019

India's new mobility market is expected to touch $90 billion by 2030. While revenue from the taxi cluster is expected to exceed $61 billion by the time, revenue from ride hailing is expected to hit $43.3 billion by 2025. Data from Frost & Sullivan comes at a time when the...

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Ola launches drive to enable sustainable livelihoods for 5 lakh women by 2025

By : Sustainability ..., Jul 26, 2019

Ola, one of the world's largest ride-hailing platforms, on Thursday launched a drive to enable sustainable livelihoods for 5 lakh women through its social welfare arm, Ola Foundation. The...

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Two-wheeler rental startup Vogo in talks to raise up to $50 million

By : Sustainability ..., Jun 21, 2019

Vogo Automotive Pvt. Ltd, which offers bikes on rent, is in talks to raise $40-50 million as equity to fuel its growth plans, said two people familiar with the matter, requesting anonymity. The...

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Clean Mobility | India’s resolve to become an electric vehicle country by 2030 is taking shape

By : Sustainability ..., Jun 18, 2019

India's government is not only serious about clean mobility but is in a hurry to get there. India is planning to mandate cab-hailing companies like Ola and Uber to “convert 40 percent of their...

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India should prioritize two-wheeler electrification: Study

By : Sustainability ..., Apr 25, 2019

As small vehicles dominate Indian roads, the two and three-wheeler segments in the country should be prioritized for electrification, suggests new research. ...

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Ola Partners Shriram Group for CNG Car Financing

By : sustainabilityo..., Oct 8, 2015

Taxi aggregator Ola has partnered with Shriram Automall India and Shriram Transport Finance Company (STFC) to enable exchange of diesel cars and financing for CNG cars in the city.

Ola has been expanding the fleet of CNG vehicles on its platform following the crackdown...

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