Ride-hailing service Ola plans addition of 10,000 Electric Three-Wheelers in India
Ride-hailing service Ola has announced its plan to add 10,000 electric three wheelers in India over next 12 months. India has been moving slowing in electric vehicle segment and Ola’s move to add 10,000 electric vehicles will raise awareness about sector in the fastest growing emerging economy. Ola plans to introduce electric three wheelers in three major cities. Ola has already run electric cars and three-wheelers in Nagpur under a test project.
Indian government isn’t offering subsidy on electric vehicles but the government indicated that it could scrap the need for special permit for running electric three-wheelers and buses. Ola claims that the company has one million drivers registered on its network. The company also indicated that it plans to register 1 million vehicles by year 2021.
While China accounts for nearly 50 percent of sales in electric vehicles segment, the share of India has been negligible. As per latest stats, electric vehicles account for 0.1 percent of nearly 3 million vehicles sold in India every year.
While ride-sharing services have been raising funds and expanding their operations, majority of them have been registering loss. Uber has been blamed by many regional transport unions for creating disruption in the sector while burning cash of investors as well. The story of ride-sharing services in India has been the same. The services have been spending lot of money on discounts and advertising in order to gain customers.
According to reports, electric vehicle manufacturer Tesla will conclude the first quarter of 2018 on a strong note, thanks to a big push being made by the company with Model 3 deliveries this week.
According to reports, the U.S. Federal Aviation Administration has given an airworthiness certification to the Alpha Electro all-electric trainer plane produced by Pipistrel, a Slovenia-based light aircraft manufacturer.
German automobile majors Daimler AG and Volkswagen are putting in serious effort and funds for development of electric vehicles. As per latest reports, more than 50 electric vehicles will be in the market by year 2022.
Chinese electric vehicle (EV) manufacturer Kandi has recently marked its official foray into the US market, with the launch of two new EVs --- the EX3 all-electric SUV, and the K22 subcompact electric car.
CruZer Scooter has recently announced the launch of its new Chinese-manufactured e2000 electric scooter in the US. The newly-launched e2000 is a full size electric scooter which can seat two passengers.
Daimler has partnered with BYD in China to unveil a new long-range all-electric car under its Denza brand. The new Denza electric car unveiled for the Chinese market is called the DENZA 500.