Ola

The Ola Electric vehicle will be available in 2024 and will have a range of 500 kilometers. On India's 75th Independence Day, it also unveiled the S1 scooter and a new battery. During the occasion, Ola CEO and co-founder Bhavish Aggarwal spoke about launching an EV revolution in India. The only information Ola provided was that the automobile will go from 0 to… read-more

On India's 75th Independence Day, August 15, Ola Electric plans to make some significant announcements. Bhavish Aggarwal, the company's CEO, revealed that the EV producer will unveil its first electric four-wheeler on August 15. Anshul Khandelwal, Chief Marketing and Revenue Officer of Ola Electric shared a photo on Twitter… read-more

Bhavish Aggarwal, CEO of Ola Electric, said on Twitter that the EV startup is developing one of the world's largest state-of-the-art Battery Innovation Center (BIC) in Bengaluru. With a $500 million investment, the company's R&D facility will employ over 500 engineers and PhDs and will be operational by next month. It will contain Physical Characteristics Lab and X-Ray Photoelectron Spectroscopy Machine (XPS) to perform checks on raw… read-more

In cities like Delhi, Mumbai, Hyderabad, and Kolkata, the fares of Ola, Uber, and private taxis will be increased. The decision was in view of the rising fuel prices which have crossed the Rs 100 mark in the aforementioned cities. Head of Operations, Uber, Nitish Bhushan said, in Kolkata, Delhi-NCR fares are up by 12%, and in Mumbai, Hyderabad they increased 15%. Besides, Ola also announced hike in prices. 

Ola, Uber and six other companies applied for aggregator license to the Regional Transport Offices (RTOs) in Mumbai Metropolitan Region (MMR).  The application came at a time when the Bombay HC directed all the aggregators to apply for a valid license, as majority of them are continuing operation without licenses. However, the applications of all the companies have been rejected due to logistic reasons, under new Aggregators Policy.