Ola has started construction of the world’s largest two-wheeler mega-factory on its 500-acre site in Tamil Nadu.
“We are racing ahead to operationalise its factory in the next few months and the first phase of production will begin in months,” the company said in a statement on Thursday.
Going at express speed with our megafactory and an estimated 10M+ man hours over the next few months, we’re charged for the world’s transition to sustainable mobility! https://t.co/92CkrxKPYo#OlaElectric #ElectricMobility #MegaFactory #AatmaNirbhar
— Ola Electric (@OlaElectric) February 25, 2021
The company declared a Rs 2,400 -crore MoU with the Tamil Nadu government in December 2020 and completed the land acquisition in January this year.
“An estimated more than 10 million man-hours have been planned to bring the factory up in record time, with the first phase becoming operational in the coming months,” it said.
Excited to share the phenomenal pace at which we're building the world’s largest scooter factory. 10mn manhours planned, phase 1 with 2mn scooters/year cap. ready this summer. @OlaElectric we’re committed to accelerate world’s move to sustainable mobility https://t.co/FavouZgY3o
— Bhavish Aggarwal (@bhash) February 25, 2021
The company said through the whole process it is also concentrating on sustainability by assuring the preservation of the green belt in the area by preserving and transplanting the trees on site.
Ola’s mega-factory will have an initial capacity of 2 million units a year in Phase-1 and will attend to as the company’s global manufacturing hub for its range of electric-powered scooters and two-wheelers across India and international markets including Europe, UK, Latin America, Asia Pacific, Australia and New Zealand.
Thank you @PMOIndia for your vision of #AatmaNirbharBharat! India can manufacture at world scale and quality. With the upcoming @OlaElectric megafactory, we’re committed to making India a global manufacturing hub for EVs and accelerate world’s transition to sustainable mobility. https://t.co/8EhbwKDywc
— Bhavish Aggarwal (@bhash) February 20, 2021
Expected to create 10,000 jobs, the factory will embody Industry 4.0 precepts and will be powered by Ola’s own proprietary AI Engine and tech stack that will be deeply incorporated into all its systems.
The factory is also anticipated to be the country’s most automated, with about 5,000 robots and automated guided vehicles in use once it is functional to its full capacity. The company has already brought on board global partners and suppliers as it operates towards getting its factory, billed to be the world’s largest scooter factory, operational in the coming months.
Close to launching the first range of electric scooters in the coming months, they are expected to have a removable battery, high performance and range as well as a host of industry-first technology features.