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Ola to enable exchange of diesel cars, financing for CNG vehicles

  • Taxi aggregator Ola
    has partnered with Shriram Automall India and Shriram Transport Finance Company
    to enable exchange of diesel cars, and financing for CNG cars in the city.
  •  
    • Taxi aggregator Ola
      has partnered with Shriram Automall India and Shriram Transport Finance Company
      to enable exchange of diesel cars, and financing for CNG cars in the city.
    •  

    •  
    • Ola has been
      expanding the fleet of CNG vehicles on its platform following the crackdown on
      diesel taxis plying in the national capital after court orders.
    •  
    • The SoftBank-backed
      company has over 25,000 cabs registered in Delhi on its platform.
    •  
    • “Drivers will
      benefit from efficient exchange mechanism and optimum price advisory for their
      old cars through Shriram Automall as well as attractive finance schemes with
      convenient repayment options from Shriram Transport Finance Company,” Ola
      said in a statement.
    •  
    • “The company
      expects thousands of drivers in Delhi to exchange their diesel vehicles for CNG
      vehicles over the next few months under this scheme,” it said.
    •  
    • Ola has tie-ups with
      car manufacturers like Maruti, Hyundai, Mahindra and Toyota for facilitating
      car purchases for its driver partners.
    •  
    • “We are
      committed to ensuring CNG adoption on our platform in Delhi. Over the past few months, we have come
      up with various initiatives to increase the number of CNG vehicles on our
      platform,” Ola Chief Operating Officer Pranay Jivrajka said.
    •  
    • “At the same
      time, these partnerships have gone a long way in protecting the interests and
      livelihoods of tens of thousands of driver entrepreneurs in the state, giving
      them the benefit of smooth transition on the platform,” he added.
    •  
    • Earlier in August,
      Ola had announced the launch of ‘Ola Green Pragati Week’ through which it made
      available an opportunity for drivers in the city to purchase a new CNG car with
      benefits of up to Rs one lakh, including a discount of up to Rs 60,000, in
      partnership with dealers.

     

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