SoftBank-backed Ola buys Dutch electric scooter company Etergo
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NEW DELHI (Reuters) - SoftBank Group-backed Indian ride-hailing company Ola will acquire Amsterdam-based electric scooter company Etergo as part of its plan to locally build electric vehicles (EVs), the company said on Wednesday.Ola did not disclose the amount for which it will acquire Etergo, which was last valued at around 84 million euros (74.71 million pounds), according to a source familiar with the deal.Etergo's scooters use swappable, high energy density batteries that give it a range of..