Wednesday 15 May 2019

OLA Global Brand :- OLA ELECTRIC MOBILITY AND OLA EXPANSION PLANS ABROAD


OLA ELECTRIC MOBILITY AND OLA EXPANSION PLANS ABROAD

Ola started before few years with heavy investment now it's turnover in crores companies growing like anything has its operations in India and outside India also in many countries and ola is challenging Uber which is word renowned leader in cab services ola is also spread many countries of the world Australia New Zealand Britain Allah is present all over

Ola is expanding its business exponential in all the countries possible
In last 15 months ola has invested 60 million dollar in investing in foreign countries for expansion

In February 2018 all started its operations in Australia August 2018 it started in Britain in November 2018 cab services started in New Zealand
Focus is on expanding its business in foreign countries abroad outside India


In the world which is considered as top aggregator of the cabs for Texis



Obama challenge Uber at the world global platform

ola wants to decrease the losses are coming in Indian market so they are expanding their business to other country so that they have minimum loss from India all the laws from India should not suffer their company

In 2018 ola revenue was 2222 crore
In this year only ola head loss of 2842 crores
Every year dollar is decreasing its losses
Collage prime focus is on expansion in foreign countries
Ola electric taxis are launch or announce to be launched in India

Ola in next 7 years 10,000 electrical vehicles it will start /launch in the market

Ola will start electric taxi in Delh  Maharashtra Kerala Karnataka Telangana

Ola will spend 400 crores on ola electric mobility

Ola collaboration with Mahindra started electric vehicle project in nagpur

ola is also aware that it is not profitable to run electrical vehicle as a taxi in India so that company will focus primarily on two wheeler and three wheeler vehicles

Bye influencing polis progress and growth ratan Tata decided to invest in ola electric
how much amount ratan Tata will invest in the electric will not be disclosed or revealed it is kept confidential and secret

to reduce the pollution electric vehicle has become a necessity in the future government is also making it compulsory that you should have electrical vehicle

If ola becomes successful in in gathering and starting electric taxi and two wheeler three wheeler then it will become India's largest electrical vehicle aggregator company




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