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.
German automaker Audi is apparently set to launch its first volume electric car -- the eTron -- to compete with US electric vehicle maker Tesla Motors.
German automaker BMW has recently revealed that the total number of company’s i3 electric cars sold in the UK has touched ‘10,000 units’ milestone.
In Berlin this week, German automaker Audi shared some notable details about the 1,576-pound, 95-kWh lithium-ion battery pack of the company’s forthcoming 2019 e-tron battery-electric SUV.
According to a recent Bloomberg report, German automaker BMW has acknowledged the fact that US electric vehicle maker Tesla’s Model 3 electric car is ‘putting pressure’ on the midsize sedan segment of the auto market.
Over the last few weeks, US electric carmaker Tesla Motors has been in the news for wrong reasons, and that has apparently taken a toll on the shares of the company’s sole battery supplier, Japan-based Panasonic Corporation.
German automaker Audi has recently shared some information about the aerodynamic performance of its forthcoming e-tron quattro all-electric SUV.