Ola to have the largest two-wheeler factory; CEO shares video
By MYBRANDBOOK
Bhavish Aggarwal has tweeted the pictures and video of Ola Future Factory, the largest two-wheeler plant in the world.
With an annual capacity of 10 million units, the 10 production lines at the plant are expected to grind out 1 scooter every 2 seconds (at full capacity). The facility, located in Krishnagiri, Tamil Nadu, when ready will manufacture 10 million e-scooters every year. Ola will invest around Rs 2,000 crore in the plant.
Aggarwal tweeted, "Sharing our vision of the Ola Futurefactory! With 10M units/yr, it'll be the largest 2W factory in the world, 15% of the 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".
The Co-founder and Group CEO of Ola also posted visuals of the mega factory premises.
With an aim to put Ola electric vehicles (EVs) on the global map, the company is mulling to begin production as early as June. Ola Electric is the EV arm of transportation platform Ola (ANI Technologies Pvt. Ltd.).
While the company will begin with manufacturing scooters at the facility, it will also establish separate plants for four-wheelers as well as motorcycles.
Although Ola hasn't divulged the price of the e-scooters it will be ready at the Tamil Nadu plant, reports suggest that the vehicles will be priced below Rs 1 lakh.
BHIM to join e-commerce, competing with PhonePe and Google Pay
The government-supported payment software BHIM is getting ready to join t...
The latest version of X helps prevent deepfakes on social medi
To combat deepfakes and shallowfakes, Elon Musk revealed a new update t...
India and Namibia collaborate on a payment system similar to U
Once operational, the platform will enable digital transactions in Namibia,...
Sebi issues show-cause notices to six Adani group firms
Sebi issued show-cause notices to six Adani Group firms, including Adani ...
MATRIX COMSEC PVT. LTD.
LUMINOUS POWER TECHNOLOGIES PVT. LTD.
GLOBUS INFOCOM LTD.
RAMCO SYSTEMS Ltd.
Technology Icons Of India 2023: Lt Gen (Dr.) Rajesh Pant (Retd.)
LT Gen(Dr.) Rajesh Panth (Retd.), National cyber security coordination...
Technology Icons Of India 2023: Kumar Mangalam Birla
Aditya Birla Group chairman Kumar Mangalam Birla’s return to Vodafon...
Technology Icons Of India 2023: Kulmeet Bawa
Kulmeet Bawa resides as President & Managing Director, SAP Indian subc...
STPI encouraging software exports from India
Software Technology Parks of India (STPI) is an S&T organization under...
New defence PSUs will help India become self-reliant
MIL, India’s biggest manufacturer and market leader is engaged in Pr...
CERT-IN protecting the cyber security space of India
CERT-In serves in the area of cyber security threats like hacking and ...
ACCERON INFOSOL PVT. LTD.
It is a leading value added distributor in the IT security space and h...
REDINGTON INDIA LIMITED
Redington (India) Limited operates in the IT product distribution busi...
M. TECH SOLUTIONS (I) PVT. LTD.
M.Tech is a leading cyber security and network performance solutions ...