January 20, 2021, National, India: Ola, one of the leading mobility companies in the world, today announced that it has partnered with Siemens as it looks to rapidly build its upcoming electric vehicle manufacturing facility. This announcement comes on the heels of Ola’s MoU with the government of Tamil Nadu to invest nearly INR 2,400 Cr towards building this facility.
The factory will generate almost 10,000 jobs and with an initial capacity of 2 million units a year, it will be the largest scooter manufacturing facility in the world. It will serve as Ola’s global manufacturing hub catering to its customers in India as well as key markets across Europe, UK, Latin America and ANZ.
Ola’s factory will be built on Industry 4.0 principles and will be the most advanced manufacturing facility in the country. It will have almost 5,000 robots deployed across various functions. Ola will have access to Siemens’ integrated Digital Twin design and manufacturing solutions to digitalize and validate product and production ahead of actual operations.
The factory will be AI-Powered with Ola’s proprietary AI Engine and tech stack deeply integrated into every aspect of the manufacturing process, continuously self-learning and optimising 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.
The entire material handling at Ola’s factory will be fully automated for maximum efficiency, right from raw materials, to materials movement inside the factory, to storage, to the finished scooter rolling off the production lines and being loaded onto trucks.
These advanced technology systems will seamlessly blend with Ola’s workforce to provide the perfect synergy of humans and machines working in tandem to build the most efficient production system and deliver the highest quality products for Ola’s customers.
Bhavish Aggarwal, Chairman & Group CEO, Ola, said, ‘‘Ola is delighted to partner with Siemens to build the most advanced manufacturing facility in the country. This will be our global hub and will set a benchmark in quality, scale and efficiency, demonstrating India’s capability to build world class cutting edge products. We look forward to bringing this factory online in the coming months and putting our products in the hands of customers.”
Sunil Mathur, MD & CEO, Siemens India, said, “Siemens is a global leader in Industry 4.0 and we are proud to contribute to Ola’s vision of creating a factory of the future using our automation and digitalization expertise to ensuring the highest levels of productivity and quality while enabling an agile and flexible production process.”
Ola’s upcoming scooter is the first in its range of electric vehicles and completely reimagines what people should expect from a scooter – right from buying to the ownership and the service experience. Ola’s scooter blends breathtaking design, sensational performance and incredible technology into a leapfrog product. It has already won several prestigious design and innovation awards including the IHS Markit Innovation award at CES and the German Design Award, stated in the press release.
About Ola: Ola is India’s largest mobility platform and one of the world’s largest ride-hailing companies, serving 250+ cities across India, Australia, New Zealand, and the UK including key global markets like London and Sydney. The Ola app offers mobility solutions by connecting customers to drivers and a wide range of vehicles across bikes, auto-rickshaws, metered taxis, and cabs, enabling convenience and transparency for hundreds of millions of consumers and over 2.5 million driver-partners.
Ola’s core mobility offering in India is supplemented by its electric-vehicle arm, Ola Electric and Ola Fleet Technologies, India’s largest fleet management business. Ola also extends its consumer offerings like micro-insurance and credit led payments through Ola Financial Services and a range of owned food brands with India’s largest network of cloud kitchens through Ola Foods. With strategic acquisitions like Ridlr, India’s largest public transportation platform and Amsterdam-based Electric two-wheeler OEM- Etergo BV, Ola is building mobility solutions for the future.ends
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