Ola, a transportation platform, has announced its plans to enter the UK, bringing a new service to the market. Ola has obtained licences to operate in South Wales and Greater Manchester, and will launch operations in South Wales within next month. Ola is preparing to offer passengers the option of private hire vehicles (PHV) and Black Cabs through a single platform, which in the future is planning to see additional transportation options incorporated for greater passenger choice. The company is working with local authorities across the UK to expand nationwide by end of 2018.
Bhavish Aggarwal, Co-Founder and CEO, Ola, said, â€śOla is excited to announce its plans for the UK, one of the worldâ€™s most evolved transportation markets. The UK is a fantastic place to do business and we look forward to providing a responsible, compelling, new service that can help the country meet its ever demanding mobility needs. We look forward to our continued engagement with policymakers and regulators as we expand across the country and build a company embedded in the UK.â€ť
Olaâ€™s entry into the UK follows its launch in Australia in February 2018, where it now operates in seven major cities. Ola is inviting PHV and Metered Taxi drivers in Cardiff, Newport and Vale of Glamorgan to learn more about driving and registering with Ola to reap the benefits of a market low introductory commission rate, as low as 10% for PHVs and 5% for metered taxis.