An EV every 2 sec from world’s largest 2-wheeler plant
Products

An EV every 2 sec from world’s largest 2-wheeler plant

Ola, an Indian mobility company, has announced that it will manufacture electric scooters in India. The ride sharing provider signed a Rs 2,400 crore memorandum of understanding (MoU) with the Tamil Nadu government in December, to form the largest two wheeler manufacturing plant in the world, and completed a 500 acre land acquisition for the plant in January 2021.

Ola has also partnered with Siemens for the upcoming electric vehicle manufacturing facility. Ola told the media that the factory is to be operational in the next few months. The factory is scheduled to produce an electric scooter every two seconds, media reports said citing Ola officials.

Ola Cabs acquired the Netherlands based electric scooter company Etergo last year. The upcoming Ola electric scooter is expected to be based on Etergo AppScooter powered by a swappable high energy density battery and is claimed to be capable of running 240 km on a single charge. The Etergo AppScooter is claimed to be accelerating 0-45 kmph in 3.9 seconds. The e-scooter has an under seat storage capacity of 50 litres.


4th Indian Cement Review Conference 2021

17-18 March 

Click for event info


The company said that the factory would be its global manufacturing hub for its electric scooters and two wheelers that will be retailed not only in India but international markets as well.

It will offer an initial annual production capacity of two million units in the first phase.

Ola’s electric two wheeler factory will be able to roll out 20 lakh electric scooters in the initial phase, the company claimed. The electric two wheelers will be sold across India and exported to international markets like Australia, Europe, New Zealand and Latin America.

The facility will be 90% automated, and Ola will control the core technology and engineering. Ola said that the plant would be powered by its own artificial intelligence (AI) engine and technology stack that will be deeply integrated into all factory operations.

The company will also be designing, engineering, manufacturing its own battery pack, vehicle computers, and the software components that would be incorporated into the factory.

The factory will be powered by Ola’s own proprietary AI engines and tech stacks that will be integrated into all its systems. Ola Electric will also be hiring over 10,000 people to work in the factory.

Image: Representative image as shared by Bhavish Aggarwal, Co-founder, Ola cabs


Also read: Li-ion battery production starts in Chennai

Also read: TN Cabinet approves projects worth Rs 52k crore

Ola, an Indian mobility company, has announced that it will manufacture electric scooters in India. The ride sharing provider signed a Rs 2,400 crore memorandum of understanding (MoU) with the Tamil Nadu government in December, to form the largest two wheeler manufacturing plant in the world, and completed a 500 acre land acquisition for the plant in January 2021. Ola has also partnered with Siemens for the upcoming electric vehicle manufacturing facility. Ola told the media that the factory is to be operational in the next few months. The factory is scheduled to produce an electric scooter every two seconds, media reports said citing Ola officials. Ola Cabs acquired the Netherlands based electric scooter company Etergo last year. The upcoming Ola electric scooter is expected to be based on Etergo AppScooter powered by a swappable high energy density battery and is claimed to be capable of running 240 km on a single charge. The Etergo AppScooter is claimed to be accelerating 0-45 kmph in 3.9 seconds. The e-scooter has an under seat storage capacity of 50 litres.4th Indian Cement Review Conference 202117-18 March Click for event info The company said that the factory would be its global manufacturing hub for its electric scooters and two wheelers that will be retailed not only in India but international markets as well. It will offer an initial annual production capacity of two million units in the first phase. Ola’s electric two wheeler factory will be able to roll out 20 lakh electric scooters in the initial phase, the company claimed. The electric two wheelers will be sold across India and exported to international markets like Australia, Europe, New Zealand and Latin America. The facility will be 90% automated, and Ola will control the core technology and engineering. Ola said that the plant would be powered by its own artificial intelligence (AI) engine and technology stack that will be deeply integrated into all factory operations. The company will also be designing, engineering, manufacturing its own battery pack, vehicle computers, and the software components that would be incorporated into the factory. The factory will be powered by Ola’s own proprietary AI engines and tech stacks that will be integrated into all its systems. Ola Electric will also be hiring over 10,000 people to work in the factory. Image: Representative image as shared by Bhavish Aggarwal, Co-founder, Ola cabs Also read: Li-ion battery production starts in Chennai Also read: TN Cabinet approves projects worth Rs 52k crore

Next Story
Technology

We’re building robots that flow, not just move

Founded in 2021, Flo Mobility is reimagining construction automation with vision-AI robots designed for seamless movement through complex sites. In conversation with CW, Manesh Jain, Founder & CEO, discusses the company’s origin, its LiDAR-free tech stack, and expansion plans in the Middle East and US.What inspired the name Flo Mobility? Why ‘Flo’ and not ‘Flow’?When we started the company in 2021, our focus was on building autonomous navigation systems for robots. Since our work centred around robot movement, ‘mobility’ naturally became part of the name. We wanted to co..

Next Story
Real Estate

We’re committed to setting benchmarks in sustainable luxury living

From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru and Pune, Birla Estates is driving future-ready growth with a strong focus on sustainability, partnerships and premium living, firmly anchored in its LifeDesigned® philosophy. K T Jithendran, Managing Director & CEO, outlines the company’s premium, sustainable growth playbook in conversation with PRATAP PADODE, Editor-in-Chief, CW. Excerpts:Birla Estates recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for..

Next Story
Infrastructure Urban

Mumbai’s land crunch and ageing homes call for structured renewal

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?