Ola Electric Mobility (OEM), in an effort to scale up its operations and launch electric vehicles, has decided to launch a hiring process to hire 2,000 people globally, including 1,000 engineers and 1,000 people across other functions over the next quarter.
In a note, Bhavish Aggarwal, co-founder of Ola said that they are planning to introduce an electric two-wheeler soon. He also said that the automotive industry has evolved significantly over the last few months, and the future belongs to electric and connected mobility in an email sent to the employees on Tuesday. He noted that the company, in order “to be more productive and effective” would be undertaking an organisational restructuring.
Three months ago, amidst declining revenues due to COVID-19 pandemic, Ola had announced laying off 1,400 employees from rides, financial services and food business. It had also announced the acquisition of Amsterdam based Etergo BV at the time.
With this acquisition, the launch of electric two-wheeler has been initiated at a faster pace and are expecting to build electric vehicle products and the required BaaS (Battery as a Service) systems for a global market and across all product segments, according to the mail by Aggarwal.
It also has plans of setting up extensive charging and swapping networks around India, with several pilots currently running to deploy electric vehicles and charging setups across cities.
The Company which established in 2018 as a separate entity is backed by Tata Sons Chairman Emeritus Ratan Tata. two-wheelers
