Page 2 - Ola

Ola Electric hits 1 mn production mark, launches special edition RoadsterX+

Ola Electric on Tuesday said it has rolled out one-millionth vehicle from its Futurefactory in Krishnagiri, Tamil Nadu. Ola Electric commenced production in 2021 and has achieved this landmark in under four years, driven by strong demand for its S1 portfolio of electric scooters, and the recently launched Roadster X electric motorcycles. To mark the milestone, the company has rolled out a special edition RoadsterX+ in a midnight blue, with sporty red accents across dual tone seat, rims and the battery pack. "This marks the celebration of every Indian who trusted us and believed in our mission. In four years, we've gone from an idea to becoming India's EV two-wheeler leader," a company spokesperson said. The Bengaluru-based firm has built at scale and proved that world-class products can be designed, engineered, and manufactured right here in India, the spokesperson added. "This milestone is a testament to how far we've come, and we're just getting started! Our mission is clear: ..

Ola, Uber, Rapido get provisional licences for bike taxi services in Mumbai

The State Transport Authority (STA) in Maharashtra has granted approval for provisional licences to the parent firms of app-based taxi aggregators Ola, Uber, and Rapido for bike taxi services in the Mumbai Metropolitan Region and fixed a minimum fare of Rs 15 for 1.5 kms, officials have said. As per the minutes of an STA meeting, the approval has been granted on the condition that these companies apply for permanent licences within a month, fulfilling all terms and conditions prescribed in the Maharashtra Bike Taxi Rules 2025. ANI Technologies Private Limited, Uber India Systems Private Limited, and Roppen Transportation Services Private Limited, the parent companies of Ola, Uber, and Rapido, respectively, have been given approval. In the last two months, the transport department received four applications to launch bike taxi services in the Mumbai Metropolitan Region (MMR). But it approved provisional licences for only three companies. The STA rejected Smart-Ride's application for

Ola Electric files PLI claim of Rs 400 crore, boosting financial prospects

Ola Electric has filed a claim of around Rs 400 crore incentive under the government's production-linked incentive (PLI) scheme, reinforcing its compliance with rigorous localisation and regulatory requirements, according to sources. As per industry sources, Ola has filed the claim with eligible sales of about Rs 3,000 crore for FY25, translating into an expected incentive of nearly Rs 400 crore. The incentive, calculated at a rate of 13 to 14 per cent, is expected to significantly strengthen the company's liquidity position and deliver a positive impact on its financial performance in the coming quarters, the sources close to the development said. Notably, Ola was the only two-wheeler Original Equipment Manufacturer (OEM) to receive the PLI incentive last year, marking a significant milestone for the company and the industry. Continuing this momentum, Ola has emerged as the top achiever in PLI-eligible sales in the two-wheeler category for two consecutive years, underscoring its .

Ola Electric auditor flags 'material weakness' in inventory controls

Ola Electric's auditor flagged weak inventory controls at its main unit, as SoftBank and automakers cut stakes and regulators probe sales and consumer complaints

Bike taxi row: Uber, Ola halt in Karnataka, Rapido continues service

This comes after the Karnataka High Court bench clarified that it has not passed any order allowing bike taxi services in the state

Ola's AI venture Krutrim lays off over 100, axes Kruti's linguistics team

Bhavish Aggarwal's AI venture cuts its workforce in second round of layoffs as fundraising falters and Kruti's training nears completion

Operators of app-based cabs suspend strike in Mumbai for three days

The Maharashtra Gig Kamgar Manch on Saturday suspended the ongoing strike of drivers of app-based taxis in Mumbai and other cities of Maharashtra for three days. Keshav Nana Kshirsagar, president of the association, told PTI that the strike, which started on Wednesday, was being suspended till next Tuesday to give time to the Maharashtra government to respond to their demands. "We have only suspended the strike, not called it off. If our demands are not accepted by Tuesday, services will be shut again," he said. At a meeting with the association's representatives, transport department officials sought time till Tuesday, said Kshirsagar. In the meantime, app-based cabs will charge the rate fixed by the government for the conventional black-and-yellow taxis and not the rate appearing in the apps of cab aggregators (such as Ola or Uber), he said. He also urged commuters and drivers to use www.onlymeter.in, a fare calculation website based on official government rates, to avoid ...

Uber, Ola drivers strike in Mumbai, commuters face tough second day

Drivers demand fixed fares and lower commissions as strike affects bookings on Uber and Ola, while Rapido and kali-peeli cabs continue partial operations in the city

Govt just made your cab rides costlier | Here’s what you need to know | Ola | Uber | Rapido

The government has revised its guidelines for cab aggregators like Ola, Uber, and Rapido, allowing them to double their fares during peak hours.

Siddaramaiah to remain CM, cab fare hike, Dalai Lama vs China, Sheikh Hasina & more

Karnataka CM Siddaramaiah said that he will serve the full 5-year term as chief minister, giving a strong message to party loyalists backing deputy DK Shivakumar for the post of chief minister.

Govt permits surge fares of up to 2x base rate for cab aggregators

The Ministry of Road Transport and Highways also announced that 10 per cent of the fare, not exceeding ₹100, to be imposed on the driver if a ride is cancelled without any specific reason

Bengaluru chokes, gig workers struggle: What the bike taxi ban has triggered | Karnataka bike taxi

One week since Karnataka’s controversial bike taxi ban came into force, Bengaluru is choking under rising traffic, soaring auto fares, and a deepening commuter crisis. Daily riders are stranded, gig w

Taxi aggregators shift revenue model, but vehicle numbers a cause of worry

A zero-commission model relies on increasing numbers of taxis entering the market, but states' data shows that new taxis are growing at a slower rate than is required

Krutrim acquires BharatSah'AI'yak to expand AI footprint in public sector

The Bhavish Aggarwal-led startup integrates Samagra's AI platform and team to expand vernacular, government-focused AI tools across education, agriculture, and citizen services

Bhavish Aggarwal-led Ola rolls out nationwide zero-commission model

Phased rollout across autos, bikes and cabs lets over one million drivers retain 100 per cent of fares as Ola shifts away from traditional commission-based model

Karnataka imposes ban on bike taxi service, Rapido launches bike parcel

The order came after the Karnataka government confirmed it had taken a policy decision not to permit such operations, even as other apps like Ola and Uber continued to show the bike taxi option

Karnataka HC refuses to stay halt on bike taxis; services to stop June 16

The Division bench of the High Court declined to stay its April order halting bike taxi operations, after the government said it had decided not to legalise the service under existing rules

Krutrim looks to go beyond chatbots with 'first of its kind' Kruti

India's first agentic AI, Kruti, launched by Bhavish Aggarwal's Krutrim, can book cabs, pay bills, generate images and support 13 Indian languages using a localised LLM

Ola Electric begins deliveries of Roadster X electric motorcycles

Ola Electric on Friday said it has commenced deliveries of its Roadster X portfolio of motorcycles, along with offers worth Rs 10,000 for the first 5,000 customers. The prices of the Roadster X series start at Rs 99,999 for the 2.5kWh variant, Rs 1,09,999 for the 3.5kWh variant, and Rs 1,24,999 for the 4.5kWh model, the company said in a statement. Roadster X+ 4.5kWh is priced at Rs 1,29,999, while the Roadster X+ 9.1kWh (with 4680 Bharat Cell) that has a range of 501 km/charge, is priced at Rs 1,99,999, it added. "The Roadster X is a bold leap, marking our entry into the motorcycling segment. The Roadster X is designed, engineered, and built in India, for a generation that wants to ride the bike of the future," Ola Electric Chairman and MD, Bhavish Aggarwal, said. With deliveries starting today, the Roadster X would unlock the true potential of EVs in the two-wheeler category, accelerating EV adoption and penetration, he added. Ola Electric said the first 5,000 customers will g

Uber gets CCPA notice for dark pattern; Rapido, Ola also under watch

CCPA issues notice to Uber for its advance tip feature as government widens probe into dark patterns in ride-hailing apps including Rapido and Ola