Ola Electric Mobility
Ola Electric Mobility (stylized as?OLΛ ELECTRIC) is an Indian electric two-wheeler manufacturer, based in Bengaluru, Karnataka, India. It is India's largest electric two-wheeler manufacturer valued around US$5.4 billion as of September 2023.It has a manufacturing facility located in Krishnagiri, Tamil Nadu which is India's largest two-wheeler EV manufacturing factory.
Currently it offers an electric scooter named Ola S1 in three variants named Ola S1 Air, Ola S1X and S1 Pro. It plans to launch electric motorcycles by 2023 and eventually an electric car by the end of 2024.
Production
The factory is spread in a 500-acre, fully-automated complex located in Pochampalli town in the Krishnagiri district of Tamil Nadu. The company claimed it will be the largest two wheeler factory in the world with an annual production capacity of 10 million units. The factory, named the Ola Future Factory, produced its first electric two-wheeler on 15 August 2021. By January 2022, it was manufacturing nearly a thousand electric scooters daily