Ola partners Siemens for EV manufacturing facility in Tamil Nadu
Ola announced that it has partnered with Siemens to build its upcoming electric vehicle manufacturing facility in Tamil Nadu. In December, Ola had signed an agreement with the State government to invest Rs 2,400 crore for setting up its first electric scooter factory in the state.
“Ola’s factory will be built on Industry 4.0 principles and will be the most advanced manufacturing facility in the country. It will have almost 5,000 robots deployed across various functions, a statement issued by Ola said.
As part of the agreement, Ola will have access to Siemens’ integrated Digital Twin design and manufacturing solutions to digitalize and validate product and production ahead of actual operations.
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 ANZ.