ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Ola readies largest-ever e-motorbike plant with global ambitions

Indian unicorn to leverage massive facility to become 'Tesla of two-wheelers'

Ola says its e-motorbike factory in Tamil Nadu will produce 10 million units a year and will roll out a product every two seconds at full capacity of the plant. (Photo courtesy of the company)

MUMBAI -- Indian ride-hailing service Ola, one of the country's largest startups, is readying a 10-million-units-per-year electric motorcycle manufacturing facility in south India with the ambition of joining the ranks of leading players like U.S.-based Tesla and China's Nio in the e-mobility space.

Built with an investment of 24 billion rupees ($332 million), the factory will serve as "the company's global manufacturing hub for its range of electric-powered scooters and two-wheelers [for] across India and international markets including Europe, UK, Latin America, Asia Pacific, Australia and New Zealand," Ola said in a statement.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more