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Ola Launches e-Bike Service in Delhi, Hyderabad

January 27, 2024 | by indiatoday360.com

Ola, India’s leading ride-hailing platform, has launched its e-bike service in Delhi and Hyderabad, following a highly successful pilot in Bengaluru. The company plans to deploy 10,000 electric two-wheelers across these three cities in the next two months, making it the largest e-bike fleet in the country.

Low fares, high convenience

The Ola e-bike service offers the most affordable, sustainable and convenient solution to commute within the cities. The fares start from Rs 25 for 5 km, Rs 50 for 10 km and Rs 75 for 15 km. The e-bikes are equipped with GPS, digital meters and QR codes for easy booking and payment.

The service is also beneficial for the drivers, who can earn more by saving on fuel costs and maintenance expenses. Ola claims that the drivers can earn up to Rs 45,000 per month by working on the e-bike platform.

Eco-friendly transportation

The Ola e-bike service is also aligned with the company’s vision of electrifying mobility in India and reducing carbon emissions. The company has set up 200 charging stations in Bengaluru to service its e-bike fleet and plans to expand its charging network across other cities as well.

Ola Mobility CEO Hemant Bakshi said, “Electrification is the biggest lever to unlock affordability in the mobility space. Following the massive success of our Bangalore e-Bike taxi pilot, we have proven its sustainable value proposition for all ecosystem participants – the consumer (lower price), the driver (higher earnings), and Ola (new category and revenues), and now look at mass deployments across Bengaluru, Delhi, and Hyderabad and build a larger market for e-Bike taxis in India.”

Ola aims to scale up its e-bike service throughout India by the end of this year, offering a green and economical alternative to conventional transportation modes.

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