At a time when India’s ride-hailing sector could be heading for a consolidation, driven by Japanese investor Softbank – the biggest investor in both Uber and Ola – the Indian firm is looking to edge past its global rival in the eyes of its backer by announcing a plan to bring one million electric vehicles on to India’s roads by 2021.
A million electric vehicles on Indian roads has been a dream of Masayoshi Son, group chairman of Softbank, who has emerged as one of the biggest investors in the country’s renewable energy space apart from making big bets in