April 16, 2018 / 5:41 AM / 3 months ago

Indian ride-hailing firm Ola to launch 10,000 electric vehicles over 12 months

NEW DELHI, April 16 (Reuters) - Indian ride-hailing firm Ola, backed by Japan’s SoftBank Group will launch 10,000 electric three-wheelers in the country over the next 12 months as part of a broader electrification plan, the company said in a statement on Monday.

The move is part of a broader push by Ola to launch 1 million electric vehicles on its platform by 2021, it said in the statement, adding that it will work with various state governments, vehicle manufacturers and battery companies to meet its target. (Reporting by Aditi Shah Editing by Swati Bhat)

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