Ola announced it has appointed GM veteran Jose Pinheiro as its Head of Global Manufacturing and Operations for its Electric Business. In this new role, Jose will spearhead Ola’s ambitions to build world class manufacturing facilities starting with the world’s largest scooter factory, and then expanding to multiple such facilities across India. These facilities will…
Ola Electric Mobility Pvt Ltd announced the acquisition of Etergo BV, an innovative electric scooter OEM, based out of Amsterdam, the Netherlands. Etergo’s team will continue to be based out of Amsterdam as they join Ola Electric. With this acquisition, Ola Electric has also announced its entry into the premium electric two-wheeler market, both globally…
Japanese conglomerate SoftBank, who has been aggressively investing in the Indian start-up system, is reportedly considering buying a minority stake in Mahindra Electric Mobility. According to a Business Standard report, the two companies have begun preliminary talks for an alliance. Mahindra’s Electric Vehicle manufacturing arm is a subsidiary of Mahindra & Mahindra, said a few…