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Partnership

Ola x Hyundai Kia (EV Investment)

Hyundai and Kia invested 00 million in Ola to collaborate on building India-specific electric vehicles and mobility solutions. The partnership included fleet collaboration, EV infrastructure development, and financial services for Ola drivers.

investment · Concluded · operating

Track Ola x Hyundai Kia (EV Investment)

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3c29b429-3ffd-4127-a05d-09ba7e43fbdd
Type
investment
Status
Concludedoperating
Announced
2019-03-19
7.5 years ago
Active for
7.5 years

Who’s involved

Olaco developer

Ola is India's largest ride-hailing platform founded by Bhavish Aggarwal in 2010. Ola Electric (separate listed entity) manufactures electric scooters (S1 series from ₹74,999) and plans India's first AI chip via Krutrim in 2026. Krutrim AI integrated into MoveOS5 scooter operating system.

HQBengaluru, Indiawww.olacabs.com3 partnerships

Off-registry parties

  • Hyundai · investor partner
  • Kia · investor partner

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Sources (1)

  1. https://www.hyundainews.com/releases/2736

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