Ola to initiate World's Largest E-Scooter Factory in Tamil Nadu

CioreviewIndia team | Wednesday, 17 March 2021, 05:30 IST

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OlaOla, cab aggregator, is building up the world’s largest e-scooter manufacturing unit in India. The plant will come up by 2022 in Tamil Nadu’s Krishnagiri. Ola’s e-scooter plant will be located in a sprawling 500 acre of land in Krishnagiri. The estimated cost of the planned plant is Rs 2,400 crore and it will have the capacity to manufacture 1 core or 10 million units per annum, stated in a report.
 
Ola’s proposed two-wheeler electric vehicle (EV) manufacturing plant will have the capacity to produce 15 per cent of the world’s production. The plant is programmed to be completed in the middle of 2022; Ola Electric Founder Bhavish Aggarwal was quoted.
 
The proposed two-wheeler electric vehicle manufacturing plant of Ola will be an incorporated establishment. There will be two supplier parks at the plant. Ola will urge suppliers to set up shops near the plant. The foremost product from Ola Electric will be rolled off during the summer of 2021. The product is a prototype and has been assembled. The product has been tested extensively.
 
Prime Minister Narendra Modi has frequently pitched for the use of electric vehicles(EV). PM Modi had said that his government would launch a policy to enhance production and exhort the use of EVs.
 
For the moment, Chief Minister Arvind Kejriwal-led AAP government has also been promoting the use of electric vehicles (EV). It has said that Kejriwal has the foresight to make Delhi the “Electric Vehicle capital”.

                                             

 

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