Ride hailing app- Ola, on Wednesday announced a five Day camp starting March 18 at Gurgaon- Ola Pragati Mahotsav, where it is inviting driver partners across Delhi NCR to come and avail benefits of up to Rs 150000 on exchange of existing Diesel vehicles for new CNG vehicles.
Ola has also offered to pay off first two EMIs for those who go for new CNG vehicles.
Ola, will also invest Rs 200 crore over the next six months to expand the fleet of CNG cars on its platform with over 5000 cabs in the Delhi-NCR region.
The Delhi High Court had on Tuesday directed Ola, Uber and the radio taxis’ association to give details, including registration numbers, of those cabs which they intend to phase out by March 31 as per the Supreme Court’s order.
In the meanwhile, Ola has tied up with car manufacturers like Hyundai, Nissan, Maruti, Chevrolet, etc and financial institutions including State Bank of India, IDBI, Shri Ram Finance amongst others to provide financial assistance and promote CNG vehicles.
“Driver partners can also benefit of free CNG Kits, free Car Insurance, free Vehicle Registration and a lot more at Ola Pragati Mahotsav. This is yet another initiative by Ola to promote adoption of CNG vehicles and encourage entrepreneurship amongst the cab driver community in Delhi NCR,” the statement said.