时间：2025-09-16 10:54:06 来源：网络整理编辑：時尚
Uber’s biggest rival in India, Ola may have cracked a way to lure more drivers to join its cab
Uber’s biggest rival in India, Ola may have cracked a way to lure more drivers to join its cab-hailing platform.
SEE ALSO:Uber finally gets its big automotive partner: ToyotaOla announced today that it has entered into a strategic alliance with Mahindra, one of India’s largest automakers, to make it easier and more affordable for its drivers to buy a car.As part of the partnership, Ola’s driver partners will be offered Mahindra-Olapackage, which would let them purchase Mahindra cars at special prices, avail discounted loans at zero down payment, insurance premiums at subsidized cost, and comprehensive maintenance packages. The two companies believe the deal would generate revenues to the tune of $400 million over the next two years via vehicle sales and financing.The announcement comes as competition in India's cab aggregation market heats up, which is valued at $12 billion. Both Ola and Uber are trying to get more drivers to sign up for their platforms and become exclusive partners."To me, this is an important strategic alliance for the Mahindra Group, one that I believe will change the contours of our industry, while giving us the first mover advantage in the fast growing Sharing Economy of India," said Anand Mahindra, Chairman, Mahindra Group."As part of the strategic alliance between the two companies, we have created a unique solution to help tens of thousands of aspiring driver-entrepreneurs realize their dreams," Bhavish Aggarwal, co-founder and CEO of Ola said.Last year, Ola partnered with Nissan Motor India to buy and lend cars to its drivers. Uber interestingly hasn’t made any similar moves in India just yet though it has a global partnership with Toyota for leasing cars.Lyft, one of Uber’s chief rivals in the U.S. market also has a similar partnership with Volkswagen and General Motors.
TopicsUber
You can now play 'Solitaire' and 'Tic2025-09-16 10:45
Mehreen Baig unpacks reform and resilience in the UK education system2025-09-16 10:39
TikTok users are holding their university accounts hostage2025-09-16 10:20
Come for Elon Musk, best not miss: The problem with 'Muskism'2025-09-16 10:17
Make money or go to Stanford? Katie Ledecky is left with an unfair choice.2025-09-16 09:48
TikTok users are holding their university accounts hostage2025-09-16 09:31
'King of the Hill' co2025-09-16 09:09
'SNL' to welcome Marvel stars Jonathan Majors and Simu Liu2025-09-16 08:34
5 people Tim Cook calls for advice on running the biggest company in the world2025-09-16 08:21
TikTok users are holding their university accounts hostage2025-09-16 08:20
The Weeknd teases new music in Instagram post2025-09-16 10:45
'SNL' to welcome Marvel stars Jonathan Majors and Simu Liu2025-09-16 10:13
Mehreen Baig unpacks reform and resilience in the UK education system2025-09-16 09:07
Come for Elon Musk, best not miss: The problem with 'Muskism'2025-09-16 08:53
This German startup wants to be your bank (without being a bank)2025-09-16 08:50
'SNL' to welcome Marvel stars Jonathan Majors and Simu Liu2025-09-16 08:47
Pets have no idea it's daylight savings time, and it's going to be a rough week2025-09-16 08:45
Video games are now on Netflix, sort of2025-09-16 08:31
More than half of women in advertising have faced sexual harassment, report says2025-09-16 08:19
The pandemic upended Airbnb. CEO Brian Chesky says it was for the better.2025-09-16 08:11
