Ola Ups CNG Drive, to Infuse Rs 200 Cr for Cabs in Delhi-NCR
BENGALURU: App-based taxi hailing company OIa plans to add 5,000 CNG-powered cars to its fleet in the Delhi-NCR region within the next one week as it looks to rebuild capacity post the ban on diesel vehicles. The move is part of Ola's strategy to invest Rs 200 crore to build its CNG cab capacity in Delhi over the next six months.
Last year the Delhi High Court shot down Ola's plea to operate diesel cabs on the streets of the national capital, after which it mandated that all app-based taxi aggregators phase out diesel vehicles by March 1. With the addition of the 5,000 new vehicles on its platform, Ola will take its total CNG fleet strength in the region up to 25,000 vehicles.
"We intend adding 5000 new CNG vehicles on our platform in the region, which would in turn contribute to a clean and green Delhi NCR," said Pranay Jivrajka, COO at Ola. "Ola has rolled out to a number of programs that help driver partners take the first step towards entrepreneurship."
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