Indian Ride-Hailing Firm Ola To Launch 10,000 Electric Vehicles Over 12 Months - FbiCables Network | The News that Shapes World Opinion

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Monday, April 16, 2018

Indian Ride-Hailing Firm Ola To Launch 10,000 Electric Vehicles Over 12 Months


FILE PHOTO: An employee speaks over his phone as he sits at the front desk inside the office of Ola cab service in Gurugram
FILE PHOTO: An employee speaks over his phone as he sits at the front desk inside the office of Ola cab service in Gurugram, previously known as Gurgaon, on the outskirts of New Delhi, India, April 20, 2016. REUTERS/Anindito Mukherjee/File photo
April 16, 2018
NEW DELHI (Reuters) – Indian ride-hailing firm Ola, backed by Japan’s SoftBank Group will launch 10,000 electric three-wheelers in the country over the next 12 months as part of a broader electrification plan, the company said in a statement on Monday.
The move is part of a broader push by Ola to launch 1 million electric vehicles on its platform by 2021, it said in the statement, adding that it will work with various state governments, vehicle manufacturers and battery companies to meet its target.

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