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Ola Electric: Bhavish Aggarwal shows around his world's largest EV Scooter 'FutureFactory'

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Laxitha Mundhra
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Ola Electric raises US$100 million long term debt to fund Ola FutureFactory

This is not new, that Ola Electric is setting up the world's largest e-scooter factory in India. But only recently, Bhavish Aggarwal of Ola Electric has shown around the factory. The new manufacturing plant aligns with Ola’s global vision to move mobility into a more sustainable, accessible and connected future. The factory will produce the upcoming range of two-wheeler products starting with the electric scooter.

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About the Ola FutureFactory in India

Ola is building its FutureFactory on Industry 4.0 principles. Ola will use its own proprietary AI Engine and tech stack to deeply integrate into all its systems. The company aims the system to continuously self-learn and optimise every aspect of the manufacturing process. This will provide unprecedented control, automation and quality to the entire operations; especially with Ola’s implementation of cyber-physical and advanced IoE systems.

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The factory has an initial annual capacity of 2 million units. Thus, Ola’s FutureFactory will create 10,000 jobs and serve as the company’s global manufacturing hub for both India and international markets across Europe, UK, Latin America, Australia and New Zealand. The mega-factory is also expected to be the country’s most automated, with about 5,000 robots and automated guided vehicles in use once the factory is fully operational to its full capacity.

A Timeline of events

In May 2020. Ola acquired an Amsterdam-based electric scooter startup- Etergo. The scooter’s built, design and efficiency were so impressive that many people call it the Tesla of the scooter world. In May, it had said, “This acquisition will further bolster Ola Electric’s strong engineering and design capabilities with the Etergo team’s extensive vehicle development experience with leading automotive companies like Tesla, General Motors, Ferrari, Jaguar, and BMW. Etergo’s team will continue to be based out of Amsterdam as they join Ola Electric.”

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Ola Electric Etergo Ola Electric Etergo

Later, in December, Ola Electric announced that the company had signed an MoU with the Tamil Nadu government for an investment of 2,400 crores in setting up its first factory in the state. Before that, Ola had announced its plan to hire over 2,000 people for its electric business as it rapidly built a suite of electric and smart urban mobility solutions for consumers around the world. The company also roped in General Motor Veteran Jose Pinheiro to head its global manufacturing and operations.

Only last month, Ola announced its partnership with ABB Robots. The former will use robotics and automation solutions for its mega-factory in India to produce its electric scooter. Ola’s scooter mega-factory (Future Factory) will commence operations in the coming months. According to the company, Ola aims to utilise ABB’s automation solutions for key manufacturing process lines, including its painting and welding lines. Further, it will deploy ABB robots extensively for the battery and motor assembly lines.

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