Ride hailing firm, Ola has announced its plans to launch electric cars in its ride-hailing business with a fleet of 10,000 cars.
Currently, the company said it is in the final stages of its pilot.
With this, Ola takes on both Uber as well as BluSmart Electric Mobility.
While Uber was undertaking a similar pilot in Delhi NCR, the operations of BluSmart is limited to Gurugram, parts of Delhi and only in south and east Bengaluru.
In a statement, Ola said the new fleet, which it terms as a premium fleet, will be operated by top-rated drivers, with 100 percent ride assurance post allocation of the cab, zero cancellations, 100 percent cashless payments, etc.
High rates of cancellations, lower acceptance rates, as well as drivers requesting cash payments instead of online payments, have been longstanding grouses of customers.
“Electrification of the ride-hailing fleet is the next frontier for the industry and a huge step in the direction of the future of mobility. Our roadmap of developing in-house core technologies and products that can be leveraged across the group level gives us a very strong competitive advantage in the ride-hailing business. We are completely reimagining this segment to not only improve the driver and consumer experience but also offer clean and green mobility options eventually to 500 million Indians,” Chief Executive Bhavish Aggarwal said in a statement.
This is apart from Ola Electric’s plan to launch electric cars by 2024, which, according to Aggarwal, the company is on track to do.