Indian tech company Ola has announced plans to invest Pound 100 million in the UK to open a research and development facility for a planned electric car, in a significant boost to the British automotive industry.
Tag: Ola
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India considers import tax cuts on EVs after lobbying by Tesla: Sources
The Indian government is discussing cutting the import duties on EVs to 40%. The government is open to a duty cut if it sees an economic gain but Tata Motors and Ola are against the proposal.
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Ford may shut down India operations in TN and Gujarat: Reports
As per reports, Ford is in talks with various car firms for either contract manufacturing or sale of its factories or both. Speculations are rife about Ola utilising Ford’s factories to manufacture electric cars.
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Ola races to build the world’s largest 2 wheeler mega factory
OLA has completed land acquisition in January this year. An estimated more than 10 million man-hours have been planned to bring the factory up in record time.
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Ola Microsoft partner for connected cars platform
Ola and Microsoft have announced that they are building a new connected vehicle platform for car manufacturers worldwide. As part of this strategic partnership, Ola announced that Microsoft will be a preferred cloud provider and will use Microsoft Azure to power Ola Play, the company’s existing connected car platform.
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Ola Auto gets tech upgrade through seamless Wifi connection
For the first time ever, one of the country’s oldest and most traditional modes of transportation gets a tech upgrade as Ola has announced its industry-first innovation ‘Auto-Connect Wifi’ for the Ola Auto category, giving the country’s oldest and most traditional mode of transport a tech upgrade.
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India tops growth in PV sales globally during Jan-May 2017
India has overtaken the world in the growth of passenger vehicle sales (PV) during January-May 2017, according to a presentation of the Society of Indian Automobile Manufacturers.
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Nagpur leads India’s electric mobility revolution
Ola and Mahindra have partnered with the Government of India in a first-of- its-kind programme to build an electric mass mobility ecosystem in Nagpur which will bring about a transformational change in the automotive and transportation landscape in the country.
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Govt explores buy and lease strategy
The government is exploring a strategy to task a company with buying electric vehicles (EVs) in bulk and then leasing them to companies such as taxi aggregators, in an attempt to bring down the cost of such vehicles.
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India to accelerate $ 200 billion smart cities projects
When the 60 winning cities (with proposals worth over Rs 1.31 lakh crore) become smart, it is expected to positively impact the lives of 72 crore urban population. While Rs 1.05 lakh crore will be spent on area-based development plans, Rs 26,141 crore will be spent on pan-city solutions in the next five years.
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