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Softbank-backed Ola ramps up electric vehicles push in India

Softbank-backed Ola ramps up electric vehicles push in India

Friday, April 7, 2017, 5:54 PM

Indian ride-hailing firm Ola, backed by Japan's Softbank Group, is preparing for a large-scale rollout of electric-vehicles by next-year even as it runs trials on the viability of the business-model, Chief Executive Bhavish Aggarwal said. Ola will pilot a few thousand electric vehicles in several Indian cities this year and, "after that, we will be scaling it up in a major way," Aggarwal said.
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