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Ola Electric names Hyundai veteran Yongsung Kim as global sales head

Ola Electric, the ride-hailing firm s electric vehicle arm, said it has appointed Yongsung Kim as head of global sales and distribution, overseeing India and international markets. A 35-year veteran with Hyundai Motor and Kia, Yongsung brings global automotive sales experience from around the world, including North America, Europe, UK, Middle East, Africa, ASEAN (Association of Southeast Asian Nations), Asia Pacific. In India he had spent several years, first with Hyundai Motor and then with Kia, to build their market-leading presence in India. “I am excited to have Yongsung join our team at Ola Electric and look forward to collaborating with him as we launch our range of electric products around the world,” said Bhavish Aggarwal, chairman and group CEO, Ola. “His expertise in sales, distribution and service will be critical for our global expansion and for bringing our advanced, innovative electric products to our customers.”

TeamLease estimates EV charging stations to create 10,000-12,000 jobs

The momentum electric vehicles (EVs) are gaining in India will necessitate setting up of charging stations across the country. This is expected to throw open service jobs as the need for adjacent functions such as charging and repairing catch up with the increasing population of EVs on the road. Starting from the third quarter of FY22, TeamLease Services, a manpower consulting firm, estimates setting up of charging stations alone will create 10,000-12,000 jobs. “At least four metros and four cosmopolitan cities are likely to have 60 charging stations each in the first phase. This will create at least 10,000 to 12,000 jobs,” says Sudeep Sen, Business Head, Industrial Manufacturing and Engineering & General Staffing, TeamLease. TeamLease’s Sen said with the EV companies that have recently announced their market entry plans and the incumbents looking to ramp up production, the recruitment drive by EV companies is expected to kick-start over the next three to four months.

Charging point at every 3 km will pave way to make Delhi EV capital: Gahlot

Inside Ola s mega factory, India s potential answer to Elon Musk s Tesla

Read more about Inside Ola s mega factory, India s potential answer to Elon Musk s Tesla on Business Standard. Bhavish Aggarwal-led Ola Electric s Rs 2,400 crore unit is being built at record-breaking speed to become the world s largest two-wheeler plant

China s Huawei, reeling from US sanctions, plans foray into EVs: Report

Read more about China s Huawei, reeling from US sanctions, plans foray into EVs: Report on Business Standard. Huawei was placed on a trade blacklist by the Trump administration over national security concerns

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