SoftBank-backed Ola Electric buys Dutch scooter company Etergo

NEW DELHI (Reuters) - A unit of SoftBank Group-backed Indian ride-hailing company Ola will buy Amsterdam-based electric scooter company Etergo as part of its plan to locally build electric vehicles (EVs), the company said on Wednesday.Ola Electric did not disclose the amount it was paying to 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..