Phase 1 of Ola e-scooter factory nearing completion, rollout soon: CEO
The first phase of Ola’s electric scooter factory is nearing completion and the company expects to start rolling out vehicles soon, Ola Group CEO Bhavish Aggarwal said on Saturday.
Last year, Ola had announced a Rs 2,400-crore investment for setting up its first electric scooter factory in Tamil Nadu.
“In just four months, this place has transformed from acres of empty rock land to the world’s largest 2W factory. The Ola Futurefactory phase 1 is nearing completion! The scooters are coming soon! Great work by team @OlaElectric,” Aggarwal tweeted.
He also shared a picture of him from the factory site. Upon completion, the factory will create nearly 10,000 jobs and is expected to be the world’s largest scooter manufacturing facility that will initially have an annual production capacity of 2 million units.
