Mobility

Ola has been focusing on diversifying its product portfolio since demand for its core cab-hailing business was hit badly last year.

The futuristic vehicle can be driven on the road and go airborne.

Representatives from Alibaba Damo Academy and Whizz discuss what self-driving cars mean to the general consumer.

Italy, Germany, France, and Spain are the most promising markets for Niu, Constanty says.

The development comes a few days after Ola’s electric mobility business Ola Electric raised a USD 200 million funding round.

Spacecraft will power communication and navigation networks for self-driving vehicles.

Oyo’s net income nose-dived 69% to USD 558 million in the financial year ended March 31, 2021, from USD 1.8 billion in FY 2020—the year before the pandemic hit.

With the new funding, Ola Electric plans to accelerate the development of electric scooters and motorbikes as well as electric cars.