Ola Electric, one of the leading electric scooter manufacturers in India, has announced its entry into the commercial segment with the launch of its 'Gig' range of scooters. These affordable electric scooters, starting at Rs 39,999, specifically target gig workers who are looking for sustainable and convenient transportation options. The company has also launched a personal-use electric scooter, the S1 Z, priced at Rs 59,999, which is aimed at urban commuters. This move by Ola Electric marks their continued efforts to promote eco-friendly and accessible transportation solutions in the Indian market.
The ongoing feud between Ola CEO Bhavish Aggarwal and comedian Kunal Kamra has escalated with Aggarwal sharing a Diwali video of celebrations at an Ola showroom and Kamra challenging him to show footage of Ola’s service centres instead. Kamra has been vocal about Ola’s handling of customer complaints, while Aggarwal has responded defensively, drawing criticism from the public. Kamra’s posts have sparked widespread discussion and even caught the attention of government officials. Despite Ola’s claims of addressing complaints, the Department of Consumer Affairs is now investigating the matter.
Ola Electric's shares witnessed a sharp decline in prices after reports emerged of the Automotive Research Association of India (ARAI) launching an investigation into the company's pricing practices. ARAI has also asked for immediate clarification and compliance details, raising concerns about potential legal repercussions and disqualification from receiving subsidies. The trouble started when ARAI questioned the company's failure to inform them about a price cut before launching a sale, while consumer complaints about vehicle quality and after-sales services have also added to Ola Electric's woes.
Ola Cabs, one of India's leading ride-hailing companies, has announced its departure from Google Maps in favor of its own Ola Maps. Going a step further, Ola aims to save Rs 100 crore annually and increase control over its technological processes by shifting away from Microsoft Azure as well. With the launch of Ola Maps, users can expect new features such as street view and 3D maps, while businesses can leverage the Ola Maps API on Krutrim Cloud. This transition to in-house solutions showcases Ola's commitment to innovation and self-reliance.
Indian ride-hailing giant Ola has made a significant switch to its in-house Ola Maps for managing their ooperations. This move is expected to save the company Rs 100 crore annually. Ola's co-founder and Chairman, Bhavish Aggarwal, announced that the new app will be equipped with advanced features such as street view, NERFs, indoor images, 3D maps, and drone maps. Additionally, Ola is also focusing on ramping up its presence in the electric vehicle market with the construction of a battery cell gigafactory in Tamil Nadu.
Ola Cabs founder-CEO Bhavish Aggarwal announced the company's full exit from Google Maps and shift to its own in-house mapping service, Ola Maps. The move, made in response to Microsoft-owned LinkedIn removing Aggarwal's post, will save Ola Rs 100 crore annually. Aggarwal also highlighted Ola Maps' upcoming features and integration into its electric two-wheelers. He further stressed the need for India to have its own technology stack, including AI models, cloud infrastructure, and data centers, to lead the AI revolution and ensure data sovereignty.