Ola Makes Big Announcement: Fare Of Only Rs 5 Per Kilometer

Simran Rajpal

There is good news for folks who use taxis to get around the city. Because you will now pay less for the ride. 

Actually, Ola has announced the launch of its e-bike service. Following the success of this service in Bengaluru, plans are on to expand it to Delhi and Hyderabad as well.

Ola launched e-bike services in Delhi and Hyderabad using its 'ride-hailing platform'. The company stated that if the project is successful, the fleet of e-bikes would be expanded. 

The most distinguishing feature of Ola's e-bike service is its low fare. People who commute by petrol bike will find that e-bikes are more cost-effective.

The cost of Ola e-bike service in Delhi and Hyderabad has been maintained very low. It costs Rs 25 for the first 5 km, Rs 50 for the first 10 km, and Rs 75 for the first 15 kilometers.

If the fare is calculated, it comes out to   5 per kilometer. Ola stated that e-bike service will be the most cost-effective, sustainable,  and convenient mode of transportation within cities.

The company intends to deploy 10,000 e-bikes across Delhi and Hyderabad within the next two months. 

According to Hemant Bakshi, CEO of Ola Mobility, "This Ola service is in line with our vision to serve 1 billion Indians through  electric vehicles."