Ola Electric plans for largest electric two-wheeler factory
Ola Electric has announced a two-wheeler manufacturing plant with a capacity to produce 10 million units annually. The Ola’s mega EV factory is said to be the largest two-wheeler factory in the world, the most advanced and most sustainable.
Ola Electric
The chairman and CEO of Ola, Bhavish Aggarwal said in his tweet that he surveys the empty 500 acres area and wants to use it for the largest electric scooter plant within the next 3 months. This factory will have a capacity of about 10 million units of production every year.
Sharing our vision of the Ola Futurefactory! With 10M units/yr, it’ll be the largest 2W factory in the world, 15% of world’s capacity! With 3000+ robots, it’ll be the most advanced & with 100 acres of forest, carbon negative operations, it‘ll be the most sustainable. @OlaElectric pic.twitter.com/1iSjFCMJIS
— Bhavish Aggarwal (@bhash) March 8, 2021
Ola Electric is also working hard to launch its first e-scooter in India. The company has officially revealed the teaser image of the electric scooter. Ola Electric e-scooter will be manufactured at the company’s new facility in Tamil Nadu.
Ola Electric e-scooter will be manufactured at the company’s new facility in Tamil Nadu. Last year, it has acquired Etergo BV an electric scooter company for an undisclosed amount. The joint venture will bring Ola’s first electric two-wheeler.
Recently, Ola and Siemens have made an announcement that both the companies are collaborating to set up India’s most advanced electric vehicle manufacturing facility in Tamil Nadu. Ola signed an agreement to invest Rs 2,400 crore with the Tamil Nadu government.
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