We all know that Electric Mobility is the future and so a lot of companies are working in the direction of developing EVs. In India, while we have a limited number of electric motorcycles and cars, we have a lot of electric scooters. Also, it is worth mentioning that more than mass-market players, we have newbies and start-ups in the country which are developing some great electric two-wheelers! Just a few months ago, we came to know that Ola is planning to enter the electric scooter segment of India. And now, Ola is all set to set up the world's largest scooter plant in Tamil Nadu, India.
Ola Cabs (popularly known as Ola) is basically a ridesharing company. It is a mobile application-based mobility service provider that offers new services to people which include hired cabs for commute and it also serves as a food delivery solution. Ola spun off its electric vehicles business into a separate entity known as Ola Electric Mobility in February 2019. Just like its parent company Ola, the Ola Electric is also based in Bengaluru, Karnataka. Just a few months ago, the company announced that it will enter the premium electric two-wheeler space both globally as well as nationally. To push its new EV project even further, earlier this year, the company also acquired the Amsterdam-based electric scooter manufacturer called Etergo BV.
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Now, the company has officially signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government to set up its first factory in the country in this south Indian state to manufacture two-wheelers. The new upcoming manufacturing plant of Ola in Tamil Nadu is claimed to be the world's largest scooter plant. The Ola Electric Mobility has announced an investment of 2,400 crores and it is expected that upon completion, it will create around 10,000 fresh jobs. Initially, this new manufacturing plant of Ola Electric will have a production capacity of around 2 million units (20 lakhs units) per year. This upcoming manufacturing plant will cater to both the domestic as well as the global markets.
The company will be manufacturing electric scooters in India and will be exporting it to several other countries in Asia, Latin America, Europe, etc. Commenting on the occasion of the signing of MoU with the Tamil Nadu State Government, Bhavish Aggarwal, Chairman and Group CEO, Ola, said, "We are excited to announce our plans to set up the world's largest scooter factory. This is a significant milestone for Ola and a proud moment for our country as we rapidly progress towards realising our vision of moving the world to sustainable mobility solutions across shared and owned mobility. This will be one of the most advanced manufacturing facilities in the world. This factory will showcase India's skill and talent to produce world-class products that will cater to global markets."
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Ola will soon start to launch its new electric scooters in the Indian market. While the details about the upcoming first electric scooter of Ola are very scarce at the moment, it is expected to look like the Etergo BV's AppScooter. The upcoming electric scooter will most likely deliver a good riding range, practicality and will boast of some connected features too. The company might introduce its electric scooters both for private customers as well as for the commercial buyers. Now, as Ola is going to set up the world's largest scooter plant in Tamil Nadu? What are your thoughts on the upcoming Ola Electric Scooter? Feel free to share your opinions with us in the comments section below. You can also join our 91Wheels Auto Enthusiast Telegram group (click via mobile to join) curated exclusively for the fans, enthusiasts and the owners. Further, subscribe to our YouTube channel for more such amazing motoring updates.
