Ola E-Bike Service

Plans to Deploy 10,000 EVs in Delhi, and Hyderabad

The company will expand and increase the deployment of e-bikes in Bangalore following a massive pilot success.

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 these cities.

With the deployment of these vehicles, Ola will have the largest EV 2W fleet in the country, and the company will double down and scale up the e-bike services throughout India by the end of this year.

With prices as low as INR 25 for 5 km, INR 50 for 10 km, and INR 75 for 15 km, the Ola eBike service will be the most affordable, sustainable, and convenient solution to commute within the cities.

In September 2023, Ola revolutionized urban mobility in Bangalore with a pilot launch of the e-bike taxi service. The pioneering move offered the most affordable electric two-wheeler rides in India.

Ola recently announced that its India Mobility Business has turned EBITDA positive in FY 23, one of the few Indian internet companies to achieve this feat.