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Global mobility company Ola has commenced the construction of two-wheeler mega factory on its 500 acres site in Tamil Nadu.
In December 2020, Ola announced a Rs 2400 crore MoU with the Tamil Nadu government, and completed land acquisition in January this year.
In a statement issued, Ola said, “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.”
Ola’s mega-factory will have an initial capacity of 2 million units a year in phase 1 and will serve 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.
Expected to create 10,000 jobs, the factory will incorporate Industry 4.0 principles, and will be powered by Ola’s own proprietary AI Engine and tech stack that will be deeply integrated into all its systems.
The factory is also expected to be the country’s most automated, with about 5,000 robots and automated guided vehicles in use once it is operational to its full capacity.
The company has already brought on board global partners and suppliers as it works towards getting its factory, billed to be the world’s largest scooter factory, operational in the coming months.
Ola is close to launching the first in its range of electric scooters in the coming months. The scooter is expected to have great design, removable battery, high performance and range as well as a host of industry first technology features.