Ola Electric Announces INR 7,600 Crore Investment In Tamil Nadu

20 / 02 / 2023

Ola Electric has partnered with the Government of Tamil Nadu to build an EV hub in Krishnagiri and Dharmapuri districts.

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The hub will include advanced cell and electric vehicle manufacturing facilities, vendor and supplier parks, and an ancillary ecosystem for EVs at one location, spanning 2,000 acres.

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Ola Electric will invest about Rs 7,600 crore ($918 million) to build the hub...

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which will expand its manufacturing capabilities for electric 2Ws, 4Ws, and battery cells.

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