Ola in talks with various state govts to start e-scooter manufacturing in India
Ola is in talks with various state governments to set up India’s largest e-scooter manufacturing plant, according to sources.
Sources close to the development said Ola Electric, the EV arm of the ride hailing company, has been engaging with state governments, including Karnataka, Tamil Nadu, Andhra Pradesh and Maharashtra, to set up an e-scooter manufacturing plant with an annual capacity of about 2 million units.
One of the sources said the facility is proposed to be established on a 100-acre land and is envisaged to be state-of-the-art, use solar energy and have zero-effluent footprint.
When contacted, Ola did not comment on the matter.
Ola Electric plans to start production in the next 18-24 months, another person privy to the development said.