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Electrified Fleet Of Ola Ranks Second Largest Around The Globe

According to an ICCT report on five world’s largest ride-hailing service providers such as Didi, Lyft, Grab, Ola and Uber, the use of electric vehicles in fleets ranging from hundreds to thousands, along with Didi in leading the group with more than 260,000 electric vehicles by the end of 2017. The report shows that about 1.3% of vehicles are electrified in Didi fleet, followed by Ola 0.6% and Lyft, Grab, and Uber each with a 0.2% share. Ola and Uber have between 2,500 and 5,000 EVs in their fleet.

In the report, cumulative sales of electric vehicles were reported at around 3.2 million units worldwide by 2017. By 2017, Didi accounted for approximately 8% of the global purchase of electric vehicles.

Lyft and Uber launched its basic services in 2012 and by the end of 2017, approximately 1% to 3,000 vehicles of the Uber and Lyft were electric. The Chinese company Caocao has a large fleet of in electric vehicles in mid-2018 to about 16,000 electric vehicles in its fleet. Although its fleet accounts for only 1% of Lyft’s fleet, it has about 5 to 20 times more electric vehicles in service than Lyft. Several fleets of taxis around the world have partially or completely switched to environmentally friendly vehicles; Examples comprises the London Black Taxi, the fleet of Amsterdam Schiphol Airport, the local taxi fleet in Shenzhen, and others in Berlin, Paris, New York, and Washington DC.

In assessing the future ambitions of these companies, some have specific targets in the region, while others have global fleet targets. Some companies have short-term goals set for 2019, while others have targets for long-term towards 2025 and beyond and some companies are looking for electrification of a certain number of vehicles.

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