Ola Electric is investing 920 million dollars in producing electric vehicles and batteries in the southern Indian state of Tamil Nadu. According to an agreement with the state government, the money will come from the company’s subsidiaries Ola Electric Technologies and Ola Cell Technologies.
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Indian EV start-up Simple Energy, which is set to launch its electric scooter ‘Simple One’ on August 15, announced plans to build a production plant in Hosur, Tamil Nadu. The first phase will encompass around 200,000 square feet and will have a production capacity of up to million units per year.
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Indian electric scooter manufacturer Ampere Electric, a subsidiary of Greaves Cotton, announced it will set up a plant in Ranipet, Tamil Nadu, India. The facility to manufacture battery-electric scooters is planned to be operational by the end of this year.
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