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Updated January 28th, 2024 at 18:51 IST

Ola introduces electric bike in Hyderabad and Delhi

Ola e-bike fares range from Rs 25 for 5 km, Rs 50 for 10 km and Rs 75 for 15 km, according to the company.

Business Desk
Ola launches e-bike services in new cities
Ola launches e-bike services in new cities | Image:Ola.com
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e-bike: The ride-hailing platform Ola has introduced e-bike services in Delhi and Hyderabad, while also informing on the prices for the e-bike services. 

The Ola e-bike fares range from Rs 25 for 5 km, Rs 50 for 10 km and Rs 75 for 15 km, according to an company statement. 

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Apart from Delhi, Ola is planning to start the e-bike service in Bengaluru. The ride-sharing platform has set up 200 charging stations in Bengaluru to service its e-bike fleet.

The company has plans to deploy 10,000 electric two-wheelers across three cities in the next two months and gradually scale up its service across the country by the end of the year.

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Hemant Bakshi, CEO of Ola Mobility, said: “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," citing media reports.

In September last year, the Bangalore-headquartered firm had launched a pilot project for an e-bike service in Bangalore.

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“In line with the company's vision and growth strategy of serving 1 billion Indians and nationwide penetration with electrification, Ola plans to deploy 10,000 e-vehicles over the next 2 months across Delhi, Hyderabad, and Bangalore,” the company said.
 

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Published January 28th, 2024 at 18:51 IST

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