IN A CRUCIAL step towards its proposed electric car project, Bhavish Aggarwal-led Ola on Saturday signed a memorandum of understanding (MoU) with the Tamil Nadu government, committing an investment of ₹7,614 crore for adding manufacturing units that will create employment for up to 3,111 people.
The project comprises an electric four-wheeler plant and an EV cell plant of 20GW battery manufacturing capacity, to be set up at SIPCOT Bargur in Krishnagiri district of Tamil Nadu. The proposed four-wheeler plant will come up on 200 acres, while the cell plant will be spread across 100 acres.
The existing two-wheeler plant is on 500 acres. Ola plans to debut its four-wheeler EV by 2024 with a range of around 500 km on a single charge.
Diese Geschichte stammt aus der February 19, 2023-Ausgabe von Financial Express Mumbai.
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Diese Geschichte stammt aus der February 19, 2023-Ausgabe von Financial Express Mumbai.
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