Ola Financial Services Private Limited, a subsidiary of ride-hailing app Ola, offers financial services such as lending for two-wheelers, four-wheelers, personal loans and insurance products.
Ola has reportedly asked its senior executives to find employees in their teams on a performance basis who can be asked to go.
According to reliable sources, SoftBank-backed Ola has asked senior executives to find employees in their teams on performance basis who can be asked to go.
Greater Chennai Police Commissioner, Shankar Jiwal, said that the police have now directed all the cab operators to monitor the antecedents of the drivers they employ for ferrying passengers.
Notably, electric two-wheeler makers such as Ola Electric, Okinawa Autotech and PureEV had recalled their scooters in the wake of separate fire incidents.
Ola Dash shuts down at a time when India's quick commerce market is all set to witness 15 times growth by 2025, reaching a market size of nearly $5.5 billion.
As per the data from the National Consumer Helpline (NCH), 2,482 grievances were registered by consumers against Ola and 770 grievances were registered against Uber in the month of April, the Ministry of Consumer Affairs stated.
Ola and Uber's drivers are being questioned now, because of rising complaints related to riding cancellations, cancellation charges, random surge pricing and long waiting times.
Ola Electric said its battery systems already complies with and is tested for AIS 156, the latest proposed standard for India, in addition to being compliant with the European standard ECE 136.
Aggarwal, who revealed that Ola Electric has started testing an autonomous vehicle which it will launch in the global market by late 2023 or early 2024, said that the goal is to really make India a global hub for electrification.
Ola CEO Bhavish Aggarwal introduced the new music feature in Ola's electric scooters in an interesting way through a video. The co-founder grooved to Hardy Sandu's Punjabi hit song Bijlee Bijlee along with the Head of Strategy and Planning.
As the app-based cabs remained off the roads, several people faced difficulties due to the non-availability of rides and surge pricing.
In a letter to CFEES, the ministry has also asked it to share the findings along with the remedial measures for improvement and to prevent such incidents in the future.
Ola will also have exclusive rights to manufacture batteries integrating StoreDot’s fast charging technology in India, the company said. The company, however, did not disclose financial details.
Ola Electric Mobility Pvt is committed at building the world’s biggest electric scooter factory, rolled out a handful of brightly-hued bikes in early December, faces a hurdle, as reported by the sources
During the hearing, the top court cited the new legislation Social Security Code 2020 passed by Parliament last year which has a chapter on the welfare of gig workers.
Ola Electric sold scooters worth over Rs 600 crore on the first day of the sale of its model S1.
Ola Electric Scooter, Ola Scooter Price: Ola Electric has opened online purchase window for its S1 and S1 Pro electric scooters.
Ola IPO News, Ola IPO Date: Ola plans to raise over Rs 7,324 crore via an IPO.
The Ola S1 comes with a range of 181 km, a top speed of 115 km per hour and can be fully charged in less than 40 minutes with a fast charger, and around six hours with the portable charger that will come with the scooter and can be installed at homes.
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