India-headquartered Ola, one of the world’s leading mobility companies, has commenced construction of the world’s largest two-wheeler mega-factory on its 500-acre site.
The company announced a Rs 2400 crore MoU with the Tamil Nadu government in December 2020 and rapidly completed the land acquisition in January this year. The company is racing ahead to operationalise its factory in the next few months. 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.
Through this entire process, Ola is maintaining its strong focus on sustainability. The company has ensured the conservation of the green belt in the area by preserving and transplanting the trees on site. Ola plans to have a large forest area within the site and reuse the excavated soil and rocks within the factory.
Ola’s mega-factory will have an initial capacity of 2M 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 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.
Last year, it had acquired Etergo, a Dutch firm that has built a scooter that uses a swappable, high energy battery that delivers a range of up to 240 km (149 miles). The scooter’s built, design and efficiency are so impressive that its maker has been called “the Tesla of the scooter world” — by many.
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. The scooter has already won several prestigious design and innovation awards including the IHS Markit Innovation award at CES and the German Design Award.
Ola is India’s largest mobility platform and one of the world’s largest ride-hailing companies, serving 250+ cities across India, Australia, New Zealand, and the UK including key global markets like London and Sydney. The Ola app offers mobility solutions by connecting customers to drivers and a wide range of vehicles across bikes, auto-rickshaws, metered taxis, and cabs, enabling convenience and transparency for hundreds of millions of consumers and over 2.5 million driver-partners. Ola’s mobility offering in India is supplemented by its electric-vehicle arm Ola Electric and its fleet management business Ola Fleet Technologies. Ola also extends its consumer offerings like micro-insurance and credit led payments through Ola Financial Services and a range of owned food brands with India’s largest network of cloud kitchens through Ola Foods.
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