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Ola Electric to make electric cars by 2024
Indian ride-hailing firm Ola Electric plans to start producing EVs in India in 2024 with a range of up to 500 km (310 miles), says CEO. Read more…
Ola
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Ola Electric says special treatment to Tesla is bad for India’s EV vision
Ola Electric founder says giving special incentives to Tesla was not in India’s best interests as it tries to spur its domestic EV industry. Read more…
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Battery cells found to be main cause of e-scooter fires in India
Faulty battery cells and modules are the leading cause of e-scooter fires in India in recent weeks, says an initial federal investigation. Read more…
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Ola Electric recalls over 1,400 e-scooters in India after one catches on fire
India’s Ola Electric will recall 1,441 of its electric scooters, weeks after one of its vehicles caught fire, prompting a government probe. Read more…
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Softbank-backed Indian ride-hailing firm Ola to produce electric scooters
Indian ride-hailing firm Ola, backed by Japan’s SoftBank Group, to set up a factory in the state of Tamil Nadu to produce electric scooters. Read more…
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Ola reportedly nails $2b in funding from SoftBank, Tencent
REUTERS – India’s ride-hailing company Ola on Monday secured $2 billion in new funding from a group of investors, including SoftBank Group Corp and Tencent Holdings, Bloomberg reported, citing a person familiar with the matter. Read more…
Off the Wire
Bharti Airtel rolls with Ola for ride-hailing payments and content services
Bharti Airtel has announced a strategic partnership with Indian ride-hailing firm Ola to bring together their respective platforms to develop a range of digital services, including mobile payments and connected-car entertainment. Under the partnership, Airtel Payments Read more…