• April 26, 2018
    Last updated 4 minutes ago

automotives

Ola wants a million electric rides on India’s roads by 2021

The startup run by ANI Technologies said it’s talking with potential partners from automakers to battery producers

Bloomberg
16:14 April 16, 2018

Bengaluru: Ola, Uber Technologies Inc.’s fiercest Indian competitor, wants to roll out 10,000 electric three-wheeled rickshaws within a year and a million battery-powered vehicles by 2021.

The start-up run by ANI Technologies Pvt said it’s in policy discussions with several state governments, and is talking with potential partners from automakers to battery producers. It aims to build out an existing pilot project in the central Indian city of Nagpur, where Ola’s first EVs have already travelled more than 4 million kilometres. Ola’s ambitions dovetail with the Indian government’s objectives. Prime Minster Narendra Modi plans to significantly increase the number of new energy vehicles on the road. (Bloomberg)