Ola Electric to produce electric cars in India in 2024
Bhavish Aggarwal, CEO and co-founder of Ola, an app-based cab service provider, poses in front of an Ola cab in Mumbai on Mar 3, 2015. (File photo: Reuters/Shailesh Andrade)
NEW DELHI: Softbank Group-backed Ola Electric will produce electric cars in India in 2024 with a range of up to 500 km (310 miles), Chief Executive Bhavish Aggarwal said on Monday (Aug 15).
"This is the most ambitious car project ever undertaken in India," Aggarwal said while announcing the plans at a virtual event coinciding with India's Independence Day.
Source: Reuters/st
