Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Is Ola planing electric cars in India?

BI India BureauDec 3, 2016, 12:28 IST

If the founder of Japanese Internet and telecom giant SoftBank, Masayoshi Son is to be believed, you may soon have an opportunity to hail an electric car from Ola. Alerted by India’s rising pollution issue, Son is planning to give away a million of electric cars to Ola. Softbank is the major investor in Ola.

However this is just a wish and would take some time to graduate into commitment, he said. If this happens, Ola founder Bhavish Agarwal’s dream of creating 5 million skilled jobs would be realised.
Till date Softbank has invested USD 2 billion in India and as per recent news, it is also looking to invest in Uber, another cab hailing service in India.

Son who was on a two-day visit to India met the Prime Minister Narendra Modi and other ministers and discussed his plans in India. Son also feels that Reliance Jio may be a boon for India’s nascent internet market and this will boost widespread of the world wide web.