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Eco-friendly electric vehicles
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Ola Electric
08 Oct 2021
Ola Electric raises $200 mn at over $5 billion valuation: Report
Ola had announced raising over USD 200 million in funding from Falcon Edge, SoftBank and others, valuing it at USD 3 billion. Ola had stated that the sales of its S1 electric scooters crossed Rs 1,100 crore in two days. Ola has completed phase I construction of its manufacturing plant, spread across 500 acres, in Tamil Nadu.
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