Fine-tune your automotive audience action plan with Polk Automotive Data. Download full infographic and access web… https://t.co/I8kShQPKCq
Ola signs up over 10,000 drivers ahead of London launch
Ola has announced that more than 10,000 drivers have registered on its platform in London (United Kingdom), three weeks after it divulged plans to commence operations in the city, reports the Times of India. The company plans to launch ride-hailing operations in London in the coming weeks. Simon Smith, head of international operations at Ola, said, "We are very excited that a large number of these registrations have occurred through referrals and word of mouth amongst drivers, reiterating their trust in the Ola platform and the attractiveness of our offer." Ola says that it will not charge drivers commission for the first two months, allowing them to retain 100% of their earnings.
Significance: This development comes just days after rival firm Uber lost its operating licence in London over safety failures In July, Ola received a one-year licence from London's transit authority, Transport for London (TfL), allowing it to operate private hire vehicles (PHVs) in the city . Ola's launch in London will mean it will have a presence in 10 large metropolitan areas in the UK. Ola claims to be the only app-based company to offer black cabs and PHVs in the UK. Ola introduced its services in the UK in Cardiff in August 2018. The company expanded its operations to Bristol in October 2018, followed by Bath and Exeter in November, Birmingham, Liverpool, and Reading this March, and Coventry and Warwick in October.
Read more articles like this one. Get a free trial to AutoIntelligence Daily
- Automotive COVID-19 Recovery Series
- Automotive Rapid Response Report - 17 June 2020
- COVID-19's real possible effects on the Auto and Mobility Industry
- With 50% of countries reporting, month of May numbers indicate a solid rebound for global auto demand
- Automotive Rapid Response Report - 3 June 2020
- Automotive Rapid Response Report - 20 May 2020
- COVID-19: Global Auto Demand Tracker
- Automotive Rapid Response Report - 13 May 2020
RELATED INDUSTRIES & TOPICS
The Automotive Manufacturing Disruption Index from IHS Markit has crept back up again to the mid-forties from the l… https://t.co/ExTEPeQDiD
Looking at new vehicle registrations at the state level, the three states with the greatest improvements in retail… https://t.co/8VwfBXUHaE