Stay updated with breaking news from Julien geffard. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Ola Electric announces world's largest two-wheeler charging network across 400 cities, 1 lakh points origin-businesstoday.intoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from origin-businesstoday.intoday.in Daily Mail and Mail on Sunday newspapers.
nikkei.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nikkei.com Daily Mail and Mail on Sunday newspapers.
Ola founder Bhavish Aggarwal. Photo: Bloomberg March 7, 2021 On around 500 acres in Tamil Nadu’s Krishnagiri district, Ola Electric Mobility Pvt Ltd is building what it calls a ‘Future Factory’, which when fully ready will produce 10 million e-scooters annually, making it the largest two-wheeler maker globally. Given that the land – 260 acres for the plant and 240 acres for two supplier parks – is still in excavation mode, the Bengaluru-headquartered firm has a somewhat audacious plan to start production in the first phase, as early as June. The first phase itself will produce 2 million units, which will be retailed in India and exported. To put that in context, market leader Hero MotoCorp produces around 6.5 million two-wheelers annually and roughly 22-25 million traditional two-wheelers with internal combustion engines are sold in India every year. ....
» Ola will become a two-wheeler maker with a new electric scooter plant in Tamil Nadu where it is investing ₹2,400 crore Ola will become a two-wheeler maker with a new electric scooter plant in Tamil Nadu where it is investing ₹2,400 crore Sanchita DashDec 14, 2020, 12:34 IST Bhavish Aggarwal, founder, OlaOla The Softbank-backed Ola is now competing with legacy business houses in India like Hero Moto, TVS Motor and Bajaj Auto as well as with startups like Ather Energy and Okinawa Scooters. Ola says it will set up the biggest electric scooter manufacturing plant in the Indian state of Tamil Nadu. Ola has been rapidly making a shift from being just a cab aggregator app to an electric vehicle manufacturer. The company in 2017 had floated a subsidiary ....
Exclusive content, features, opinions and comment - hand-picked by our editors, just for you. Pick 5 of your favourite companies. Get a daily email with all the news updates on them. Track the industry of your choice with a daily newsletter specific to that industry. Stay on top of your investments. Track stock prices in your portfolio. NOTE : The monthly duration product is an auto renewal based product. Once subscribed, subject to your card issuer s permission we will charge your card/ payment instrument each month automatically and renew your subscription. In the Annual duration product we offer both an auto renewal based product and a non auto renewal based product. ....