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Bhavish Aggarwal says Ola electric car will be out in 2023

Ola partners Siemens to build world s largest EV manufacturing facility in TN for Rs 2,400cr

URL copied Ola will have access to Siemens’ integrated Digital Twin design and manufacturing solutions. Ola, one of the leading mobility companies in the world, on Wednesday announced that it has partnered with Siemens as it looks to rapidly build its upcoming electric vehicle manufacturing facility. This announcement comes on the heels of Ola’s MoU with the government of Tamil Nadu to invest nearly  Rs 2,400 crore towards building this facility. The factory will generate almost 10,000 jobs and with an initial capacity of 2 million units a year, it will be the largest scooter manufacturing facility in the world. It will serve as Ola’s global manufacturing hub catering to its customers in India as well as key markets across Europe, UK, Latin America and Australia-New Zealand. 

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