Ola to invest $2 billion in TN two-wheeler factory

Ola to invest $2 billion in TN two-wheeler factory

‘Future Factory’ will be able to produce 10 million electric scooters per year

Ola Electric, a subsidiary of Ola Mobility, will make the investment

For the first phase of the project, Ola will invest around Rs 2,000 crore

The phase is expected to complete by June

About 2 million scooter units are expected to roll out once the first phase is completed

 

 

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