BENGALURU : On around 500 acres of land in Tamil Nadu’s Krishnagiri district, Ola Electric Mobility Pvt. SoftBank-backed unicorn Ola Electric, which was set up in 2017, is the electric vehicle (EV) arm of transportation platform Ola (ANI Technologies Pvt. While Ola Electric will start with scooters, it will also build separate plants for motorcycles and four-wheelers. Last May, Ola Electric acquired Amsterdam-based electric scooter startup Etergo BV. The appointments came after a number of senior-level exits at Ola Electric.

Source: Mint March 07, 2021 13:06 UTC