NEW DELHI: Cab aggregator, Ola, on Wednesday announced that it has partnered with Siemens as it looks to rapidly build its upcoming electric vehicle manufacturing facility.
This announcement comes on the heels of Ola’s MoU with the government of Tamil Nadu to invest nearly Rs 2,400 crore towards building this facility. The factory will generate almost 10,000 jobs and with an initial capacity of two million units a year, it will be the largest scooter manufacturing facility in the world.
It will serve as Ola’s global manufacturing hub catering to its customers in India as well as key markets across Europe, UK, Latin America and ANZ. Ola’s factory will be built on Industry 4.0 principles and will have almost 5,000 robots deployed across various functions.
Bhavish Aggarwal, chairman & group CEO, Ola, said, ‘‘We look forward to bringing this factory online in the coming months and putting our products in the hands of customers.”
Ola’s upcoming scooter is the first in its range of electric vehicles.
This announcement comes on the heels of Ola’s MoU with the government of Tamil Nadu to invest nearly Rs 2,400 crore towards building this facility. The factory will generate almost 10,000 jobs and with an initial capacity of two million units a year, it will be the largest scooter manufacturing facility in the world.
It will serve as Ola’s global manufacturing hub catering to its customers in India as well as key markets across Europe, UK, Latin America and ANZ. Ola’s factory will be built on Industry 4.0 principles and will have almost 5,000 robots deployed across various functions.
Bhavish Aggarwal, chairman & group CEO, Ola, said, ‘‘We look forward to bringing this factory online in the coming months and putting our products in the hands of customers.”
Ola’s upcoming scooter is the first in its range of electric vehicles.
