Ola Electric To Set Up Electric Vehicle Plant In Tamil Nadu
NDTV
The OLA EV Hub would be spread across about 2,000 acre of land to be located at the company's manufacturing facility in Tamil Nadu.
Electric vehicle maker Ola Electric would set up an EV Hub in Tamil Nadu that would house advanced cell and EV manufacturing facilities, vendor and supplier parks among others, the company said on Saturday.
The EV Hub would become one of the largest ancillary ecosystems for electric vehicles at a single location, the company said.
Ola Electric earlier in the day inked a memorandum of understanding with the Tamil Nadu government in the presence of Chief Minister M K Stalin committing investments of Rs 7,614 crore that would see production of electric cars and lithium-ion cells at the facility. The investments would see creation of 3,111 jobs in the state.
The OLA EV Hub would be spread across about 2,000 acre of land to be located at the company's manufacturing facility in Tamil Nadu.
