Ola, the electric vehicle company, has started constructing its 100 GWh (GigaWatt hours) gigafactory at its manufacturing facility in Tamil Nadu. The company has installed the first pillar of its cell factory in Krishnagiri, Tamil Nadu.
In February, Ola and the Tamil Nadu government signed a memorandum of understanding, committing to investments of INR 7,614 Crore for manufacturing electric cars, two-wheelers, and lithium cell gigafactories in the state.
Covering an area of 115 Acres, the Ola Gigafactory is projected to begin operations by early next year, starting with an initial capacity of 5 GWh. The capacity will be gradually increased in phases, eventually reaching 100 GWh. Once fully operational, the factory is expected to be one of the largest cell manufacturing facilities in the world.
Biltrax Construction Data is tracking 25,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights and gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.
0
