Indian EV Aggregator Ola Electric Hits $1 Billion Valuation
The electric mobility subsidiary of Uber’s Indian competitor Ola Cabs has just landed fresh funding from SoftBank, in the second major fundraising exercise completed by the company.
Ola Cabs
India May Mandate 40% Electric Fleet For Uber & Other Cab Aggregators
The Indian government is reportedly planning to mandate cab aggregation services to have minimum percentage of their fleet as electric cars.
Ola (India’s Uber) To Add Electric Version Of World’s Cheapest Car To Fleet
Uber’s competitor in India — Ola Cabs — is all set to add an electric version of the world’s cheapest car in its fleet as it plans to expand into the electric mobility on the back of supportive policies of the government.
Uber Partners With Electric Bike Sharing Service In India
World-leading cab hailing service Uber has initiated a pilot partnership with Yulu, an e-bike sharing service in India. The pilot project has been launched in the southern city of Bengaluru, often called the Silicon Valley of India. The city is notoriously infamous for its bustling traffic.
EV Subsidiary Of Indian Cab Aggregator Ola Raises Fresh Funding
Ola Electric Mobility, a subsidiary of India’s Uber-competitor, Ola Cabs, recently announced a fresh round of funding from one of the most famous and influential industrialists in India.
Mahindra & Uber Partner To Push EVs In India
India’s leading electric vehicles manufacturer, Mahindra & Mahindra, and Uber have announced a partnership to introduce electric vehicles as taxis across Indian cities to make the most of the policy push by the government for cleaner transportation.
World’s Cheapest Car, The Tata Nano, Will Return As An EV
Tata Motors created a global sensation in 2009 with the launch of Nano as the cheapest car, but the model could not live up to its expectations. Now, Tata Motors is planning to launch an electric version of the Nano car for exclusive use as a fleet car.
