The big electric scooter battle
Ola Electric has plans for a mega facility that will make one e-scooter every two seconds. But before Ola conquers the world, it has to contend with local rivals and India’s anaemic EV sales.
Ola Electric has plans for a mega facility that will make one e-scooter every two seconds. But before Ola conquers the world, it has to contend with local rivals and India’s anaemic EV sales.
With a strong government push towards electric vehicles, India can become one of the largest EV markets in the world, says a report by WEF and Ola Mobility Institute.
Ola’s electric mobility arm has become India’s newest unicorn following an investment of $250 million from SoftBank.