Ola To Invest Rs 7,614 Cr In Tamil Nadu To Produce Electric Vehicles And EV Batteries. HIGHLIGHTSThe EV company plans to construct two facilities in Tamil Nadu: A four-wheel EV facility and an advanced cell chemistry unit. On Saturday at the Secretariat, a Memorandum of Understanding (MoU) was formed between the Tamil Nadu government and Ola Electric Mobility Private Limited. The Future of Electric Vehicles in IndiaOla’s foray into the electric vehicle industry comes at a time when the demand for environmentally-friendly vehicles is on the rise. Ola’s move towards electric vehicle manufacturing is undoubtedly a significant development in the Indian automobile industry.
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