Ola Electric hires Yongsung Kim to head global sales and distribution

New Delhi: Ola Electric has announced the appointment of Yongsung Kim as head of global sales and distribution. Kim will oversee the Indian and international markets.

"Yongsung will lead both the domestic and international strategy for sales and go-to-market for Ola Electric as it gears up to launch its first electric scooter across India and multiple international markets including Europe and the UK, Latin America, Australia, New Zealand and Southeast Asia," the company said in a press statement on Tuesday.

Kim is a 35-year veteran with Hyundai Motor Co. Ltd. and sister firm Kia Motors and has a background in automotive sales from around the world. He has spent several years 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 chief executive officer, 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.”

Ola, which began as a ride-hailing firm, is making a foray into electric vehicle manufacturing. Ola Electric is building a 500-acre EV manufacturing site near Krishnagiri in Tamil Nadu. It wants to build the world's largest two-wheeler factory with an annual capacity of 10 million. Phase 1 is expected to be ready by June 2021, according to the company. It would have an annual capacity of 2 million. Ola Electric also wants to export to Europe and Australia.

Also Read: ETtech Interview: Ola's Bhavish Aggarwal sees an EV route to profitability

Ola Electric is backed by Pawan Munjal Family Trust, Kia Motors, Hyundai Motor Company, SoftBank, Tata Sons Pvt. Ltd., Tiger Global Management, and Matrix Partners India.