Ola has launched a new class of ‘Micro’ cabs, which have a base fare ranging from Rs. 35 to Rs. 45, at rates of Rs. 6 per km. The Micro class of vehicles include compact cars like the Hyundai Eon, Wagon R, and Datsun Go, now available for bookings in Delhi, Mumbai, Kolkata, Bengaluru, Chennai, Pune and Hyderabad. The launch of the new fleet seems like an attempt to undercut the prices of UberGo, which ranges from Rs. 6 to Rs. 8 per kilometre.