.The partnership will look at supporting micro-entrepreneurship opportunities by providing access  to customised Hyundai and Kia vehicles as well as financing and insurance benefits for driver-partners.As part of the strategic collaboration,China Electric Bicycle Hub Motors manufacturers the companies have agreed to co-create solutions to operate and manage fleet vehicles, marking the groups first foray into the industry, as they expand operations from automobile manufacturing and sales to total fleet solutions. This partnership will also significantly benefit driver-partners on our platform, as we collaborate with Hyundai to build vehicles and solutions that enable sustainable earnings for millions of them, in the time to come," Bhavish Aggarwal, Co-founder and CEO of Ola said.“India is the centrepiece of Hyundai Motor Groups strategy to gain leadership in the global mobility market, and our partnership with Ola will certainly accelerate our efforts to transform into a smart mobility solutions provider,” said Euisun Chung, Executive Vice Chairman of Hyundai Motor Group said."Together, we will bring to market a new generation of mobility solutions, as we constantly expand our range of offerings for our coacross the entire mobility value chain including vehicle production, fleet operation and mobility services

Hyundai and Kia will invest a total of USD 300 million in Ola, the company said.The agreement will see the three companies extensively collaborate on developing unique fleet and mobility solutions; building India-specific electric vehicles and infrastructure; as well as nurturing best-in-class opportunities and offerings for aspiring driver partners with customised vehicles, on the Ola platform.New Delhi: Korean automobile major Hyundai and its subsidiary Kia have together invested USD 300 million in ride-hailing company Ola to jointly develop electric vehicles ecosystem and fleet services for global markets