Friday, March 1, 2019

India’s Ola spins out a dedicated EV business — and it just raised $56M from investors



Ola, Uber’s key rival in India, is doubling down on electric vehicles after it span out a dedicated business, which has pulled in $56 million in early funding. The unit is named Ola Electric Mobility and it is described as being an independent business that’s backed by Ola.

from Pocket https://techcrunch.com/2019/02/28/ola-ev-business-ola-electric-mobility/
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