In an e-mail to staff on Tuesday, Aggarwal – who can also be the Founder and Chairman of Ola Electrical (the EV arm of Ola) – stated the automotive business has advanced considerably over the previous few months, and the long run belongs to electrical and related mobility.
“We might be launching a big hiring initiative to rent over 1,000 engineers globally over the subsequent quarter and one other 1,000 individuals throughout different features. We need to get one of the best expertise to return and be a part of us throughout all groups,” he added.
When contacted, an Ola spokesperson confirmed that the corporate intends to rent 2,000 individuals throughout varied roles together with software program, car design, and engineering and battery expertise, as a part of its plans to scale up operations and launch electrical autos for international markets.
In Might this yr, journey hailing main Ola had introduced shedding 1,400 staff from rides, monetary providers and meals enterprise as its revenues had declined attributable to coronavirus pandemic-induced lockdowns.
In the identical month, Ola Electrical additionally introduced the acquisition of Amsterdam-based Etergo BV for an undisclosed quantity.
“The proficient workforce at Etergo joined us in Might, and everyone seems to be working onerous to launch our first product, the electrical 2W (two-wheeler) very quickly. Trying ahead, our goal is to construct electrical car merchandise and the required BaaS (battery as a service) programs for a worldwide market and throughout all product segments. We’ll quickly be launching many new packages in the direction of this,” Aggarwal stated in his mail on Tuesday.
Aggarwal famous that OEM can be endeavor an organisational restructuring “to be extra productive and efficient” and the method might be executed over the subsequent two weeks.
Ola Electrical has beforehand acknowledged that it plans to arrange in depth charging and swapping networks round India and is at present working a number of pilots to deploy electrical autos and charging options throughout cities with a concentrate on two and three-wheelers.
Ola Electrical was initially established to allow Ola’s electrical mobility pilot programme in Nagpur in 2017. It was later carved out as a separate entity in 2018.
It had acquired USD 250 million funding from SoftBank final yr and raised Rs 400 crore in a funding spherical led by Tiger International and Matrix India. The entity can also be backed by Tata Sons Chairman Emeritus Ratan Tata.