Self-drive car sharing service 'Ola Drive' launched: All you should know

SoftBank-backed Ola intends to host a fleet of 20,000 cars by 2020

Ride-hailing firm Ola on Thursday unveiled 'Ola Drive', a self-drive car-sharing service. The service has been initially rolled out for users in Bengaluru with Hyderabad, Mumbai, and New Delhi to follow shortly. 

To build and scale up the service across several Indian cities, Ola intends to host a fleet of 20,000 cars by 2020, 50 per cent more than the fleet size of the entire industry put together. Initially, the SoftBank-backed company plans to invest about $200 million for the new platform and aims to increase this investment up to $500 million in the next couple of years, said the