Ola, an electric vehicle manufacturer, announced on Wednesday that work has begun on its 100 GWh gigafactory at its Tamil Nadu production plant.
In Krishnagiri, Tamil Nadu, the business has put in place the first pillar of its cell manufacturing.
A gigafactory is a manufacturing facility where products for electrification and decarbonization technologies are made.
Ola and the Tamil Nadu government inked a memorandum of understanding in February, promising investments totaling Rs 7,614 crore for the production of electric vehicles, two-wheelers, and lithium cell gigafactories in the state.
Spread across 115 acre, the Ola Gigafactory is expected to commence operations by early next year with an initial capacity of 5 GWh (Giga Watt hours). It would be scaled up to 100GWh in phases, a company statement said.
On commencement of operations at full capacity, it is claimed that the factory would be one of the world’s largest cell manufacturing facilities.
