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Ola aligns with Softbank's dream of one million electric vehicles

The company has announced 'Mission: Electric' to bring one million EVs on to India's roads by 2021, starting with 10,000 electric rickshaws in the next 12 months

Ola, Softbank, electric vehicles, Japanese investor Softbank, Ola Mission Electric, Chinam Netaji Patro, Bhavish Aggarwal, CEO of Ola, Mahindra Electric, Bhavish Aggarwal
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Bhavish Aggarwal-led Ola has been running a pilot for electric mobility in Nagpur since May 2017

Alnoor Peermohamed Bengaluru
At a time when India’s ride-hailing sector could be heading for a consolidation, driven by Japanese investor Softbank – the biggest investor in both Uber and Ola – the Indian firm is looking to edge past its global rival in the eyes of its backer by announcing a plan to bring one million electric vehicles on to India’s roads by 2021.

A million electric vehicles on Indian roads has been a dream of Masayoshi Son, group chairman of Softbank, who has emerged as one of the biggest investors in the country’s renewable energy space apart from making big bets in