Ola Electric, India’s largest EV company, has announced the commencement of construction of India’s biggest Gigafactory. The company has installed the first pillar of its cell factory in Krishnagiri, Tamil Nadu. Ola Gigafactory will be one of the fastest cell factories built, set to revolutionize the manufacturing landscape, and take the EV revolution to humanity scale from India […]
Continue Reading
Ola Electric, India’s largest electric vehicles company, continues its record-breaking spree as it rolled out the 1,00,000th scooter from its all women run Futurefactory in Krishnagiri, Tamil Nadu. Having commenced mass production during late November last year, Ola Electric has managed to scale this milestone in just 11 months. Bhavish Aggarwal, Ola Electric Founder and […]
Continue Reading
Ola Electric has invested in an Israeli battery technology company StoreDot, a pioneer in batteries with extreme fast charging (XFC) technology. The investment in StoreDot is the first of several global strategic investments planned by Ola Electric as it looks to ramp up its core R&D in advanced cell chemistry & manufacturing as well as other […]
Continue Reading
Ola Electric has announced it has raised over $200 million from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others. The latest round values the company at $5 billion. Over the last 12 months Ola Electric has built the Futurefactory, the world’s largest 2W manufacturing facility, Ola S1 – the best scooter ever made and […]
Continue Reading
Bhavish Aggarwal, Chairman, Ola Electric announced that the company has sold their electric scooters worth Rs 1,100 crore in just two days of commencement of purchase.Via Twitter, Mr. Aggarwal said, “Day 2 of EV era was even better than Day 1! Crossed ₹1100Cr in sales in 2 days! Purchase window will reopen on Nov 1 […]
Continue Reading
Ola Electric has announced it is employing an all-women workforce at its ‘Futurefactory’ facility in Bengaluru. Through his social media platforms, Bhavish Aggarwal, Chairman, Ola Electric announced that the Futurefactory will be run entirely by women, and that the company welcomed its first batch of factory workers. Once the plant reaches full capacity, it will […]
Continue Reading
Phase-1 production to begin within months 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. 2,400 crore MoU with the Tamil Nadu government in December 2020 and rapidly completed land acquisition in January this year. The company is racing […]
Continue Reading
EVage has designed and built India’s first ‘Exoskeleton Structure’, which will serve as a common architecture for SUVs, vans, delivery vehicles and trucks. The company’s first product will be a four-wheel commercial vehicle meant for e-commerce delivery applications.
Continue Reading
Etergo AppScooter’s design and engineering is likely to underpin the electric two-wheeler that Ola Electric plans to build for domestic and international markets.
Continue Reading
Ola Electric to use Etergo’s design and engineering capabilities to build a smart electric two-wheeler for International and domestic markets.
Continue Reading