Ora is negotiating with state governments to build electric scooter factories
Ora is in talks with the state governments of Karnataka, Tamil Nadu, Andhra Pradesh and Maharashtra to build a state-of-the-art electric scooter factory.
Ora is in talks with state governments to set up India's largest electric scooter manufacturing plant, sources said.Ola Electric, the ride-service company's electric-vehicle division, is said to be working with the state governments of Karnataka, Tamil Nadu, Andhra Pradesh and Maharashtra to build factories capable of producing about 2m scooters a year.The facility is proposed on 100 acres of land and is considered state-of-the-art, USES solar power and has zero emissions, a source said.
Aula plans to start production in the next 18 to 24 months, another person familiar with the matter said.In May, Ola Electric announced it was buying Amsterdam-based Etergo BV for an undisclosed price.Bhavish Aggarwal, founder and chairman of Ola Electric, said: "The future of travel is Electric, and the COVID world presents us with an opportunity to accelerate the adoption of Electric travel globally."
In August, Ola Electric announced plans to hire 1,000 engineers and soon launch an Electric two-wheeler.Ola Electric has raised about $400m from companies such as Tiger Global, Matrix India and Ratan Tata, chairman emeritus of Tata Sons.Ola Plans to set up a charging and switching network across the country.The start up has been running multiple pilots to deploy electric cars and charging solutions across the city, focusing on two - and tricycles.The start up says its goal is to build an electric scooter and smart urban transportation solution for global citizens in India and around the world.