Ola Cab's Bumpy Ride To Green Mobility

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Ola Cabs' founder, CEO Bhavish unveiled his plans to introduce EVs to his fleet of taxis in May 2017. For this, the company infused INR 50 Cr. 7 years have passed, the company is yet to make any headway in this direction.

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Aggarwal founded Ola Electric in 2017. However, the journey to establish an electric fleet for the ride-hailing business seems to be sluggish, with no apparent milestones achieved yet.

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In late January 2024, the company yet again decided to flip the script and announced the deployment of 10,000 electric two-wheelers in Bengaluru, Delhi, and Hyderabad. Beyond this, Ola's plans for green mobility remain unclear.

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In April 2018, Ola launched "Mission: Electric," aiming to deploy 10,000 E3Ws within a year and a million EVs on Indian roads by 2021.

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The mission, focused on collaboration for sustainable technologies, ultimately didn't materialize, and the dedicated website now redirects to Ola Electric since 2022.

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In January 2023, Ola Cabs again announced the deployment of 10,000 EVs on its ride-booking platform. It was said to be in the final stages of rolling out another pilot, but the company failed to walk the talk yet again.

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At a time when Ola Cabs has yet to ply its EV fleet, newer players like BluSmart, Evera Cabs, and Snap-E Cabs already have a fleet of 7K, 2K and 1K, respectively, green vehicles running in various Indian cities.

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So, Why is Ola's path to green mobility full of twists and turns?

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Why Ola’s Path To Green Mobility Is Full Of Twists And Turns, swipe up to read more:

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