Why Ola Electric Is Set to Invest $900 Million in Tamil Nadu

Why Ola Electric Is Set to Invest 0 Million in Tamil Nadu

SoftBank Group-backed Ola Electric would invest $920 million (roughly Rs. 7,600 crore) in the southern Indian state of Tamil Nadu to manufacture electric cars and batteries for electric vehicles (EVs), a state government statement said on Saturday. Ola will invest $920 million (roughly Rs. 7,600 crore) through its subsidiaries Ola Electric Technologies and Ola Cell Technologies, … Read more