Ola Electric has partnered withBSES Yamuna Power Limited (BYPL) and BSES Rajdhani Power Limited (BRPL).- Ola Electric will work with the power utility companies and set up charging stations and battery swapping stations.
- In June, the Delhi government had said that it is running a pilot project testing the use of electric vehicles.
With this partnership, Ola Electric will work with utility companies and set up charging and battery swapping stations.
“Ola Electric has been working closely with ecosystem partners across the country to facilitate mass adoption of EVs and create solutions to operate with minimal restrictions. This programme further augments our efforts to lay a strong foundation to enable the smooth functioning of EVs across the country by creating a widespread network of charging solutions that vehicle owners and operators can rely on,” said Ankit Jain, co-founder of Ola Electric.
In July, Ola Electric became a unicorn after it raised $250 million from Softbank.
In May, Ola Electric also raised funds from Arun Sarin, former Vodafone Group CEO and also from the Chairman Emeritus of Tata Group, Ratan Tata. In March, it raised ₹4 billion from Ola’s existing and early investors – Tiger Global and Matrix India.
Through Ola Electric, the company partnered with several equipment manufacturers and battery manufacturers, while looking to work with the automotive industry for solutions for electric vehicles.
Delhi government has been trying to create awareness of EVs.
In June, the Delhi government had said that it pilot project testing the use of electric vehicles. With the electric vehicle freight project called Deliver Electric Delhi, 1,000 EVs will be used by 30 players for deliveries over the next 12 months.
Some of the high profile participants of this project include Flipkart, Amazon, Bigbasket, Grofers, Uber Eats, Zomato to Hero Electric, Mahindra Electric, Tata Motors and even logistics company Blue Dart Express.