Ola to develop electric auto-rickshaws for India, looks at partnerships

- Advertisement -

Ride-hailing firm Ola has roped in a former executive of Bajaj Auto to lead a team that will design and develop electric vehicles (EVs), including cars and auto-rickshaws, as it pursues the dream of its largest investor Softbank’s Masayoshi Son to have over one million EVs on Indian roads.

Ola, electric vehicle, auto-rickshaws, partnerships, India
Image for representational purpose only

Chinam Netaji Patro, who drove the research and development (R&D) of electrical and electronics at Bajaj Auto, joined Ola last month as its senior director for EVs. Patro was earlier with the country’s largest carmaker Maruti Suzuki for nearly two decades.

While Patro’s brief includes focus on the larger EV ecosystem, the immediate task is to work on an electrified three-wheeler. This comes at a time when Ola is looking to replicate nationally the success of its auto-rickshaw offering in Chennai and Bengaluru. The fact that Uber re-introduced auto-rickshaws on its platform this month vindicates Ola’s investments in three-wheelers, said people familiar with the development.

- Advertisement -

In auto-rickshaws, Bajaj Auto and TVS are the only two major players in the commuter segment. While Mahindra and Piaggio build three-wheelers, they mainly focus on the goods carrying segment. Other players building passenger three-wheelers are largely small, and there’s no big force in the electric three-wheeler space.

“Ola has brought on board Chinam Netaji Patro as Senior Director (Electric Vehicle) from Bajaj Auto. Chinam is an auto industry veteran, who brings in deep understanding when it comes to assessing the right technologies for Ola and collaborating with the right partners so as to bring forward India’s EV ecosystem,” said an Ola spokesperson to Afaqs News.

Ola isn’t the only consumer-facing company that is looking at such a move. Uber, the biggest rival of Ola in India, is developing its own autonomous cars as it believes cars without drivers is the future of its business. It isn’t clear what shape and form Ola’s electric three-wheeler will take.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

Report Suggests India’s EV Sales Will Surge, Rising 66% In 2024

0
In 2023, sales of electric vehicles (EVs) in India almost doubled due to increased consumer interest, government actions, better infrastructure, and climate change worries....

Ascend Performance Materials: Pioneering Innovation in the Electronics Sector

0
Bridging material advancements in plastics and technological progress, Ascend leads with customised solutions for a safer, reliable and greener tomorrow. Q. How would you explain...

DigiKey Expands Portfolio With 3PEAK

0
This collaboration adds amplifiers, interface components, data converters, and more, catering to industries such as communication, industrial, medical, and automotive.  In a strategic move aimed...

Buzz

CleanMax Alliance With Apple To Boost Renewable Energy In India

0
These installations are anticipated to reduce approximately 207,000 tons of CO2 emissions over their operational lifespan. CleanMax announced a significant joint venture with technology giant...

Ramkrishna Forgings To Supply Powertrain Parts To Top US Electric Carmaker

0
Indian producer of rolled, forged, and machined products enter the US electric vehicle market for the first time. Ramkrishna Forgings, an Indian supplier of rolled,...

Microsoft’s $1.5B AI Venture In UAE Stirs Global Interest

0
New partnership with G42 promises transformative AI advancements in emerging markets, impacting tech and geopolitics. Microsoft has announced a strategic $1.5 billion investment in UAE-based...

Important Sectors

CleanMax Alliance With Apple To Boost Renewable Energy In India

0
These installations are anticipated to reduce approximately 207,000 tons of CO2 emissions over their operational lifespan. CleanMax announced a significant joint venture with technology giant...

Ramkrishna Forgings To Supply Powertrain Parts To Top US Electric Carmaker

0
Indian producer of rolled, forged, and machined products enter the US electric vehicle market for the first time. Ramkrishna Forgings, an Indian supplier of rolled,...

Tesla Power, E-Ashwa To Introduce India’s First EV With Fire Safety Tech

0
The partnership also expands to include the provision of after-sales support for electric vehicle customers by establishing a comprehensive network of sales and service...

Elektrobit Introduces EB zoneo GatewayCore Featuring Infineon’s AURIX TC4x

0
The EB zoneo GatewayCore is designed to connect hardware-dependent accelerators with the Classic AUTOSAR framework, providing adaptable support for intricate routing scenarios. Elektrobit, a premier...

Raptee’s Cell Chemistry Extends Battery Life, Says Dinesh Arjun

0
The Co-founder and CEO of Raptee disclosed that the company is currently sourcing its cells from a variety of countries. Dinesh Arjun, the Co-founder and...

Manufacturing

Ramkrishna Forgings To Supply Powertrain Parts To Top US Electric Carmaker

0
Indian producer of rolled, forged, and machined products enter the US electric vehicle market for the first time. Ramkrishna Forgings, an Indian supplier of rolled,...

AVL And Red Bull To Create High-Density Fuel Cell Technology

0
The advanced technology, featuring ultra-high power density and a lightweight design, is said to be two-thirds lighter than traditional fuel cell systems. This partnership...

JJG Aero Secures $12 Million Investment From CX Partners

0
The Bengaluru-based aerospace components manufacturer intends to use the funds primarily to enhance vertical integration, increase production capacity at the new site, and support...

Tata Electronics Finalizes Semiconductor Agreement With Tesla

0
Ashok Chandak, the head of the India Electronics and Semiconductor Association (IESA), highlighted that Tesla’s initiative to establish a network of domestic suppliers for...

Sterling Tools Targets 40% of Sales from EV Business by FY25

0
This increase is anticipated to come from the EV business segment, which is integral to the company's strategy to diversify its operations. With a certain...