OLA focusing on deploying 10,000 EV by end of March 2020

OLA

The company is now focusing on deploying 10,000 electric vehicles (EVs), a mix of two and three-wheelers, on Indian roads by the end of March 2020. Ola is betting big on two and three-wheelers for its electric mobility drive, according to a senior company official.

With lessons learned from its experiment in Nagpur, where the company had partnered with Mahindra & Mahindra in 2017 for a multi-modal electric mass mobility project, Ola believes right now “four-wheelers are not yet ready” for such usage in India on a large scale.

“The biggest lesson (from Nagpur) was that (electric) four-wheeler are not yet ready. It is going to take a couple of years for the math on four-wheelers to work, in our view, we are putting our bets on three-wheelers and two-wheelers in the coming year. It is absolutely fair to say that after the learnings from Nagpur experience, our focus will be on two and three-wheelers first in terms of EVs.”

Ola Electric Mobility (OEM) co-founder Anand Shah told PTI.

“We think two-wheelers are also emerging very quickly, partially because of policy and also because of the rising interest in the commercial use of two-wheelers, whether that is in deliveries for our own food business or any of our competitors, e-commerce companies or scooter sharing.”

Anand Shah added.

OEM has already started pilots with a fleet of hundreds of three-wheelers in Gurugram.  “We are expecting to put 10,000 EVs, a mix of two and three-wheelers, on the road by the end of March 2020. We are very committed to make it happen,” he said adding the company is looking to deploy these in whichever viable pockets of the country that was willing to work with it.

A group of tech enthusiasts who are tracking latest developments in CleanTech with special focus on Energy Storage and Electric Mobility

About Energy Log Staff

A group of tech enthusiasts who are tracking latest developments in CleanTech with special focus on Energy Storage and Electric Mobility

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