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Ola Electric Delays Car Project to Focus on E-Scooters and Battery Production Amid IPO Plans

Ola Electric, the SoftBank-backed electric vehicle manufacturer, has announced a suspension of its electric car project for at least two years. This strategic shift aims to prioritize the company’s core business of electric scooters and bikes, alongside battery production. Project Suspension: Ola Electric has decided to delay its ambitious electric car project, which was initially set to…
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