After electric scooter, Ola wants to sell used cars online

Bengaluru: Ride-hailing startup Ola is likely to enter retailing of used cars, a segment that is growing fast as consumers look for affordable personal mobility amid the pandemic.

The business will likely be called Ola Cars, a person with knowledge of the plan said, requesting anonymity. “If one has a car to sell, they can use Ola’s platform to do so. Ola plans to ensure the cars are in good condition before they are sold,” the person said.

The person was not able to comment on whether a separate app would be built for the used-cars business or the feature be added to the existing Ola app.

Ola has started building a team for Ola Cars. The company is expected to start a pilot project in Bengaluru this month, Entrackr reported a few days ago. People ET spoke to confirmed the plan.