Ola Electric has appointed automobile industry veteran and former president of Hyundai India, BVR Subbu, to its board. This comes within months of Arun Sarin, former CEO of Vodafone Group, joining the company as an independent director.
Subbu also chairs the board of Greaves Cotton Ltd’s electric mobility arm Ampere Vehicles.
“Subbu has played a key role in building and establishing some of India’s iconic automotive products like the ubiquitous Hyundai Santro and the Tata 2213. His deep understanding of the mobility space and consumers will be very valuable to us in our journey to build electric mobility for India and the world,” Ola cofounder and CEO, Bhavish Aggarwal, said in a statement.
In July, Ola Electric Mobility raised $250 million (Rs 1,725 crore) from Japan’s SoftBank, valuing the company at close to $1 billion. The company’s board comprises CEO Aggarwal Read More
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