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India's Ola plans massive EV push but obstacles await

Company aims to develop cells by 2023, launch electric car in 2024

Ola boss Bhavish Aggarwa teased his company's plans for an electric car on Twitter. (Photo by Yuki Kohara) 

BENGALURU -- Indian startup Ola this week revved up its push into the nation's fledgling electric vehicle sector, unveiling plans to launch a premium electric car in 2024.

But some investors warn that the company, which began in ride-hailing before branching into e-scooters, faces a bumpy road as it tries to turn its electric ambitions into reality.

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