CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company acquired the Netherlands-based Etergo BV, an innovative electric scooter company for an undisclosed sum?
A
Google
B
Uber
C
Flipkart
D
Ola Electric
Explanation: 

Detailed explanation-1: -It all started with Ola’s acquisition of the Amsterdam-based EV startup Etergo BV, which had to undergo a fire sale or face bankruptcy.

Detailed explanation-2: -Both variants are powered by the same motor, though. The vehicle control unit is also different, and the one in the S1 has been designed specifically for Indian conditions. Chassis: As mentioned before, the Ola S1 range gets a different chassis to accommodate the fixed battery pack.

Detailed explanation-3: -The first electric scooter by India’s Hero MotoCorp has been launched. Named Hero Vida V1, price, prebooking, specs here. India’s largest two-wheeler manufacturer Hero MotoCorp has finally stepped into the electric vehicle segment with the launch of its first electric scooter on Friday, October 7.

Detailed explanation-4: -In late March 2022, Ola made a strategic multi-million-dollar investment in Israel-based battery technologies company StoreDot to incorporate and manufacture its XFC (extreme fast charging) battery technologies for future vehicles in India.

Detailed explanation-5: -Where is Etergo ‘s headquarters? Etergo is located in Amsterdam, Noord-Holland, The Netherlands .

There is 1 question to complete.