India's head-to-car stage Ola declared a $300 million strategic investment in Hyundai and Kia.

As of this moment, the organization's accumulated funding has attained 3.8 billion US dollars. The new capital will be used primarily to construct Ola Electric Mobility, a habit electrical car in Ola, which is linked to Ola's existing automobile program system. Additionally, Ola supplies loans and setup services for motorists that wish to buy this electric vehicle. The Ola platform now has 1.3 million motorists, along with the company intends to grow the amount to 2 million by 2022 and create 1 million electrical vehicles.