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.
French automaker Groupe Renault has introduced an ‘affordable’ new all-electric vehicle --- the Renault K-ZE electric crossover. The new vehicle was unveiled recently by Groupe Renault Chairman and CEO Carlos Ghosn.
According to the latest official registration data released in Norway, the sales of electric vehicles (EVs) in the country touched a new record high in September 2018.
In an interesting report, US News has revealed that electric cars have gained a lot of popularity in five Nordic countries --- Norway, Finland, Sweden, Denmark, and Iceland.
In a recent announcement, Zipcar car-sharing company in London has revealed that it is adding more than 300 units of Volkswagen (VW) e-Golf all-electric cars to its fleet.
In a disclosure which highlights BMW’s commitment to bring new ‘green’ vehicles to the market, the automaker has revealed that by the year 2025, it will offer 25 different models of battery-electric and plug-in hybrid vehicles across the globe.
In a recent announcement, San Francisco-based stealth electric car-charging startup called Ample has revealed that it has raised a substantial amount of $31 million in its Series A funding round.