India’s largest taxi-business Ola is planning to projectile their business of vehicle manufacturing while keeping an eye on future prospects of electric vehicles. The company reportedly engaged the government from multiple states with a proposal to set up the world’s largest vehicle manufacturing facility. As per the latest reports, Ola is seeking to have 100 acres of unencumbered land to construct its vehicle manufacturing unit.
The news didn’t surprise many as the company has been making moves towards the direction of venturing into the business of electric vehicles for some time.
In a recent acquisition, the electric scooter manufacturing startup based in Netherland, hinted at the future roadmap of Ola.
As for future road is out in the open, it would put Ola in direct competition with Bajaj Auto, TVs and Hero MotoCop etc. backed to Ather Energy.
Ola itself is backed by Hyundai, which has reportedly mentored the ride-hailing app-based startup that would pave the way to the speedy emerging electric vehicle in the country. The planned facility is capable of producing 2 million electric scooters, revealed by the people familiar with the proposal. The Indian government has announced several benefits as well as incentives for companies operating to have plans to operate in electric vehicle space.
Last updated: December 26th, 2025
