Twitter
Advertisement

Ola to invest Rs 200 crore over 6 months to increase CNG fleet

Currently, the company's CNG fleet in Delhi NCR stands at 26,000 cabs.

Latest News
article-main
Ola CEO and Founder Bhavish Aggarwal
FacebookTwitterWhatsappLinkedin

TRENDING NOW

    The company plans to invest Rs. 200 crore to enable CNG adoption in New Delhi/NCR over the next six months. Ola's current CNG fleet in Delhi NCR stands at over 26,000 cabs, with plans to further continue on-ground programs to help driver-partners seamlessly switch to CNG vehicles.

    The app-based taxi service announced the addition of more than 6,000 new CNG cars to its platform during the recently concluded 'Ola Pragati Mahotsav - the largest CNG Driver mela' in Delhi-NCR.

    Ola aims to build up its CNG fleet further by targeting the addition of over 2,000 cars across Micro, Mini and Prime month after month, to ensure availability at all times and low ETAs in the state.

    Handing over keys to the first CNG car owner at the Pragati Mahotsav, Kapil Mishra Minister of Tourism, said, "Ola is bringing about a green change in Delhi by helping drivers registered with them, make a hassle free transition to CNG vehicles."

    "Transportation is important for citizens as well as for tourism in the state and a world class experience can be built only by such investment in skilling, training and entrepreneurship for drivers who are the service providers," added Mishra.

    He also said that Ola's mission of providing mobility for all while encouraging first generation entrepreneurship and its commitment to helping the city fight pollution is a testament to being a good corporate citizen.

    "By bringing together various partners in the ecosystem under one roof through its 'Pragati Mahotsav' event, Ola is positively impacting the livelihoods of many thousands of drivers, so that they can continue to work as entrepreneurs," added Kapil Mishra.

    The five-day Ola Pragati Mahotsav was designed as a one-stop shop for on spot valuations and exchange with heavy discounts on new vehicles and a lot more. The program received an overwhelming response with more than 15,000 unique visitors.

    Ola partnered with dealers of leading car manufacturers including Maruti, Tata, Hyundai, Chevrolet, Nissan amongst others. The company also brought banking and financial institutions including State Bank of India, IDBI, Shri Ram Finance, amongst others on board.

    For optimum valuations and on-spot exchange, Ola also forged an exclusive partnership with CarTrade.Com. 

    Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed-  Follow DNA on WhatsApp.
    Advertisement

    Live tv

    Advertisement
    Advertisement