Ola Electric suspends India car project to focus on scooters, bikes: report

Ola Electric suspends India car project to focus on scooters, bikes: report

FILE PHOTO: Bhavish Aggarwal, CEO and co-founder of Ola, an app-based cab service provider, poses in front of an Ola cab in Mumbai March 3, 2015/File Photo

India’s IPO-bound Ola Electric has suspended its electric car launch plans as the Softbank-backed company wants to focus on its e-scooter business, two people with direct knowledge of the decision said.