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Ola Electric Appoints Yongsung Kim As Head Of Global Sales And Distribution

Yongsung will head both domestic and international sales for Ola Electric. Ola has invested Rs 2,400 crore to set up a mega-factory in India. The factory’s annual capacity is said to be 2 million units initially. After signing a Rs 2,400 crore MoU with the Tamil Nadu government, Ola Electric has stepped up its game once again. The brand has appointed ex-executive director Kia Motors India and industry veteran, Yongsung Kim, as its Head of Global Sales and Distribution. Currently, Ola Electric is the only two-wheeler manufacturer to have invested so heavily in electric mobility.  Yongsung brings 35 years of global experience and has played a key role in the success of Korean brands Hyundai and Kia. He’ll be in charge of the domestic and international strategy for sales at Ola Electric as the company gears up to launch its first electric scooter in India and multiple international markets including Europe, the UK, Latin America, Australia, New Zealand, and Southeast Asia. Hi

Indian carmakers post strong sales figures in March 2021

0 Comments When FY2021 opened on April 1, 2020 few would have imagined what a stressful year it would be for corporates, countries and citizens. It was not long into the fiscal year that captains of industry managing automobile manufacturing companies in India were looking for means to solve what would be remembered as one of the most-critical challenges of their careers – the nationwide lockdown – announced by the government as a preventive measure to combat the Covid-19 pandemic. The carmakers cumulatively achieved a 127 percent YoY growth in March Official FY2021 industry figures will be announced in about 10 days While no business or marketing pundit could hazard a guess as to what the future would bring, nobody would have also imagined a recovery this fast for the automotive industry, where overall FY2021 numbers are near those of FY2019.

Is Great Wall Motors set to get a go-ahead for an India entry soon?

Is Great Wall Motors set to get a go-ahead for an India entry soon?
autocarindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autocarindia.com Daily Mail and Mail on Sunday newspapers.

Kia Motors India to discontinue select variants of Seltos and Sonet

Kia Motors India to discontinue select variants of Seltos and Sonet
cartrade.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cartrade.com Daily Mail and Mail on Sunday newspapers.

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