Saturday , March 23 2019

Hyderabad Startup Gayam Can Power Ola’s Fleet of Electric Vehicles

 HYDERABAD | BENGALURU: Taxi-aggregator Ola discusses a collaboration with a little known manufacturer of electric bicycles and auto-rickshaws for its proposed electric vehicle fleet.

Ola Fleet of Electric Vehicles

Ola plans to partner with Gayam Motor Works based in Hyderabad for a series of electric vehicles in cities including Mumbai, Delhi, Bengaluru and Hyderabad, according to two people directly aware of the discussions. The pilot project is expected to start in June or July, they said. The partnership with GMW may not be for electric cars.

GMW, launched in 2010 by brothers Raja Gayam and Rahul Gayam, manufactures electric bicycles and electric cars. He is also working on the addition of four electric wheels to his fleet. The last year the company has been the news for striking partnerships with UberEATS and Swiggy food delivery to provide its bikes for their delivery staff.

Ola’s ambitious effort to launch a fleet of electric vehicles has the blessings of the chief executive of the main investor, Masayoshi Son. He declared in December after a meeting with Prime Minister Narendra Modi in New Delhi that he wanted to “give a million electric cars, made in India, free to drivers of Ola cars.”

Since then, Ola has quickly embarked on pilot projects in its main markets. In March, the company announced a partnership with the Telangana government for an electric vehicle test.

“We are in discussions” We are in congress with Gayam Mo tor Works, who is helping us with this project, “said an Ola leader on condition of anonymity.” Ideally, it’s like the way you saw Tesla at United States. There will be plans to set up charging stations or battery replacement in cities. At present, we only look at major cities like Mumbai, Delhi, Bengaluru and Hyderabad. “

Telangana’s Information Technology Secretary, Jayesh Ranjan, said the Ola electric vehicle pilot project in Hyderabad would start with 100 vehicles and includes cars, buses and automobiles.

“It’s up to Ola to create the vehicles for this project, they already have a partnership with Mahindra for electric cars, and they’re talking to GMW about electric cars and another bus company,” Ranjan said.

Automaker Mahindra and Mahindra BSE -0.69% manufactures electric vehicles under the brands E2O and eVerito.

Ola refused to comment on the report. GMW did not respond immediately to requests sent by ET.

Click here for Telangana News

The introduction of electric motor vehicles by Ola is expected to boost sales of electric vehicles in the country as well as help reduce air pollution and energy import bills in India.

“The electric vehicle segment will be a hot space to be in India in the coming years.” In addition, government support for Ola is a huge pressure for (electric vehicle manufacturers), “said an analyst.

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