Citing the potential boom of electric vehicles in the Indian market, Ola Electric Mobility, a subsidiary of ride-hailing giant Ola Cabs, has announced to build the world’s largest electric scooter factory in India. Dubbed the “Future Factory,” Ola’s massive production plant aims to produce 10 million e-scooters annually. In addition to this, the company also gave us a first look at the e-scooter that it plans to launch in the coming weeks.
Announced by Ola CEO Bhavish Aggarwal on Twitter, the company’s Future Factory will be set up in the Tamil Nadu region. The company reportedly invested around Rs. 2,400 crores into the project and aims to create 10,000 new jobs in the state.
The Bengaluru-based firm acquired a massive 500-acre land in the Krishnagiri district of Tamil Nadu. It plans to use 240 acres of land for building two supplier parks and the remaining 260 acres will accommodate the massive production plant.
Speaking of the factory, once opened, Ola plans to produce around 2 million e-scooters in the first phase. The company will be using 10 assembly lines, 3,000 robots, and nearly 10,000 workers to produce the electric two-wheelers. These will be retailed in India and exported to neighboring countries.
Coming to Ola’s first e-scooter, the company announced to launch the vehicle sometime in 2021 late last year. Now, Rushlane has got its hands on a few pictures showcasing the testing prototype of the Ola e-scooter. Credits: Rushlane
The initial batch of the Ola e-scooter will be produced in Etergo’s production unit based in the Netherlands. Going into the future, however, Ola plans to produce its e-scooters in its Future Factory based in Tamil Nadu.
