Ola raise $300m for a new EV partnership with Hyundai and Kia
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Ride-hailing platform Ola has announced that it has raised $300 million from Hyundai and Kia as a part of a new electric vehicle partnership. Ola said that the partnership will build 'India-specific' electric vehicles and infrastructure that will be customized for Ola's operating and management software. Ola said that they are working, in line with govt's vision to turn 30% of the vehicles electric within 2030.