The electric vehicle market is all set to grow in a humongous way owing to the ambitious plans and initiatives of the governments across the globe. Various countries have already taken numerous steps to incentivise and encourage the deployment of electric vehicles.
Etergo acquired by Ola Electric Mobility
In a latest development, India-based ride-hailing firm Ola’s dedicated EV business – Ola Electric Mobility has acquired Amsterdam-based Etergo, the Dutch company known for making AppScooter, a fully electric scooter. Earlier this year, the Dutch startup reported that it didn’t have sufficient money and hoped to get acquired.