The company, which is the e-mobility arm of Greaves Cotton Ltd, has acquired 100 per cent stake in BAPL.
Transportation app Ola today launched e-rickshaw category on its platform that will enable the users to book rides on the electric vehicle in Delhi-NCR region.
The ICAT-approved E-Raaja is indigenously designed and developed, and an outcome of more than two years of in-house R&D by a dedicated research and design team
The e-rickshaw, which has been certified by Automotive Research Association of India (ARAI), comes with 1,000 W motor and can cover a distance of 90 kms on a single charge, he added.
The government in October had notified the rules for plying of e-rickshaws making driver's licence mandatory for operating them and limiting the maximum speed to 25 km per hour.
Nitin Gadkari hopes to get Cabinet nod for changes to the Motor Vehicle Act soon, which he adds would be based on the US and UK norms. He hopes to move amendments to the Act in this session.