Singaporean Firm Invests Millions in India’s Ola Electric

27 October 2023
GeoSpatial World

AI Generated Summary

Singapore investment firm and Indian government-backed lender invest in Ola Electric.

The investment will help Ola Electric scale its production of electric vehicles and to expand its charging network.

Ola Electric, which recently launched several new lower-priced variants of its flagship S1 electric scooter model, leads the EV scooter market with more than 30% market share.