Ola Reveals Electric Scooter & World’s Biggest EV Factory

Bengaluru: Cab aggregator Ola is entering big time into the electric scooter market. It is building the world’s biggest electric vehicle (EV) factory and has released a video of the site.

Last year, Ola acquired an Amsterdam-based electric scooter company Etergo BV, which is believed to be the base of its product. This electric scooter is expected to be launched in the next few weeks.

ola electric scooter ev

Design-wise, it is similar to Etergo AppScooter. The scooter uses swappable high energy density lithium batteries that offer a range of up to 240 km. It has a 50-litre under-seat storage capacity. The scooter is expected to be priced under Rs 1 lakh (ex-showroom) and will face competition from Ather 450X, Bajaj Chetak and TVS iQube.

ola electric scooter ev

The first batch of Ola e-scooters will be made in Etergo’s Netherlands-based facility. Ola’s Tamil Nadu factory will be built on a 500-acre area in Krishnagiri district. It will start with an annual capacity of 2 million and go up to 10 million EVs by 2022. The mega factory will have 3,000 robots and is expected to churn out one EV every 2 seconds.

There will be an investment of Rs 2,400 crore and it will help create 10,000 new jobs, the company claims.


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