OLA electric appoints former Hyundai president to its board
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Ola Electric has appointed automobile industry veteran and former president of Hyundai India, BVR Subbu, to its board. Subbu also leads the board of Greaves Cotton Ltd's electric mobility arm Ampere Vehicles. Arun Sarin, a former CEO of Vodafone Group, joined the company as an independent director a few months ago. Ola Electric Mobility raised $250 million from Japan's SoftBank, valuing the company at close to $1 billion.