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Ola

Ola to focus on two-three wheeler EVs initially

Ola

Ride hailing firm Ola will focus on deploying 10,000 two and three wheelers for its electric mobility drive by the end of March 2020. The company feels the country is not ready for electric four wheelers usage in India on a large scale, hence the immediate focus on two and three wheelers . It has raised around Rs.400 crore from its early investors to get the right business model. The company is confident of its move after seeing usage of two wheelers for commercial purposes increasing rapidly. (Source: The Hindu)

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