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Ola Electric was established in 2017 as a wholly-owned subsidiary of ANI Technologies, the parent entity of Ola Cabs. [10] [11] The company was started to reduce emission and fuel dependency of Ola's cabs, and shift to mass electric mobility; a pilot program was launched in Nagpur in May 2017 by setting up charging stations across the city and procuring electric cabs, e-buses, and e-rickshaws ...
[3] 10% of the American workforce participated in the gig economy in 2018. [4] According to a 2019 Bank of Canada report, 18% of Canadians worked in the gig economy for non-recreational reasons. [5] Around 2018, 15% of China's workforce, representing over 110 million people, was involved in the gig economy. [4]
Ola Consumer, formerly Ola Cabs, is an Indian transportation company that provides ride-hailing services and operates other business verticals such as financial services and cloud kitchens. It is headquartered in Bangalore, and operates in 250+ Indian cities. A variety of venture capitalists including Softbank have large stakes in the company. [4]
In December 2020, AIGWU and other Indian trade unions, including the Indian Federation of App-based Transport Workers, called on the Ministry of Labour to not exempt gig companies from contributions to state social security. [3] In October 2021, AIGWU reacted positively to a push by the Indian government to reclassify gig work as employment. [4]
The number of registered cars in Bangalore was reported to be eleven million in 2022 of that number over 251 thousand were taxis(in 2020) [17] This increase was attributed to the rising popularity of app-based taxi-hailing services such as Ola Cabs and Uber, which have "revolutionised" transport in the city while contributing to the increase in ...
Bhavish Aggarwal (born 28 August 1985) is an Indian entrepreneur. He is the co-founder and CEO of Ola Consumer, founder of Ola Electric [1] and founder of Ola Krutrim, a large language model artificial intelligence (AI) company which became India’s first AI unicorn in 2024 an estimated valuation of $1 billion.
Includes low-cost AC charge points with a maximum of 3 kW using 220 VAC / 15 A supply line, target price ₹3,500 for two- and three-wheeled light vehicles DC Light EV IS-17017-2-6 Unique to India due to use of low-voltage (≤120V) traction batteries AC Parkbay 11 (max 22) 2 IS-17017-2-2 DC Parkbay IS-17017-2-3 High-power charge points DC
Although the term "ridesharing" is used by many international news sources, [9] in January 2015, the Associated Press Stylebook, the authority that sets many of the news industry's grammar and word use standards, officially adopted the term "ride-hailing" to describe the services offered by these companies, claiming that "ridesharing" doesn't accurately describe the services since not all ...