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Ola Electric raises INR 3,200 crores to scale up EV business and build gigafactory for cell manufacturing – EQ

In Short : Ola Electric, the electric vehicle (EV) arm of ride-hailing company Ola, has successfully raised INR 3,200 crores (approximately $430 million) to accelerate its EV business and establish a gigafactory for cell manufacturing. This funding round, led by Falcon Edge, SoftBank, and several other investors, underscores the growing investor confidence in the electric […]

Sembcorp bags 150 MW solar project with 300 MWh energy storage – EQ