Latest Breaking News On - Ola electric mobility pvt - Page 7 : comparemela.com

Text Size: A+ Bengaluru: Bhavish Aggarwal surveys the empty 500-acre expanse encircled by neon-painted homes, tiny shrines and mango groves. The high-profile Ola founder hopes to erect the world’s largest electric scooter plant on this vacant plot on Bangalore’s outskirts within the next 12 weeks, cranking out about 2 million a year a landmark for one of India’s largest startups. A two-and-a-half hour drive southeast of Bangalore, Aggarwal’s envisioned $330 million mega-factory marks a bold foray into uncharted territory for an entrepreneur who’s spent 10 years building a ride-hailing giant. His follow-up Ola Electric is getting into an electric vehicle market already crowded by names from Tesla Inc. to China’s Nio Inc. albeit with a humble two-wheeler initially but that could play in a $200 billion domestic EV industry in a decade.

New zealandNoord hollandBhavish aggarwal bloombergBhavish aggarwalHyundai motor coXpeng incKia motors corpSoftbank group corpTesla incBajaj autoCentre for energyAther energyIndian institute of technologyChina nio incUber technologies incOla electric