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    Hyundai And Kia Invest Approx INR 2,000 Crore In Ola

    by Swati Sanchayi on Friday, Mar 22 2019

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    Korean car major Hyundai and its backup Kia have together put USD 300 million in ride-hailing organization Ola to mutually create electric vehicles environment and armada administrations for worldwide markets. Under the organization, the three organizations will likewise plan to create electric vehicles (EVs) and charging foundation altered for Indian market, the organizations said in joint articulation on Tuesday.

    "India is the focal point of Hyundai Motor Group’s system to pick up administration in the worldwide versatility advertises, and our organization with Ola will surely quicken our endeavors to change into a brilliant portability arrangements supplier," said Euisun Chung, Executive Vice Chairman of Hyundai Motor Group said.

    Hyundai Motor Group hopes to quicken its progress from a vehicle producer into a savvy versatility arrangements supplier, as the organization activities will enable it to participate in all perspectives over the whole portability esteem chain including vehicle creation, armada task and versatility administrations.

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    ABOUT THE AUTHOR

    A diverse bilingual (English and Hindi) Copywriter and Content Creator based in New Delhi, India. With a degree in Journalism, I always had an inclination towards writing.

    As a writer, I have worked on content related to automobile, technology, travel, lifestyle, photography and many more.

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