India: Ola to hire 2,000 to fuel its electric vehicles business

Ride-hailing firm Ola aims to double the current headcount of around 2,000 people at its electric vehicle (EV) business in the next six months, said two people aware of the developments, which will potentially make it the largest vertical in the company.

As part its EV ambitions, SoftBank Group-backed Ola is scouting for a location to build a 2 million-unit-a-year electric scooter manufacturing plant in India, the people cited above said, adding that it aims to sell at least a million scooters in the first year of operation.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter