Ola Electric announced that the company has signed a MoU with the Government of Tamil Nadu to set up an EV hub in the state.

Located in Krishnagiri and Dharmapuri districts of Tamil Nadu.

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EV hub will be the world’s largest EV facility at a single location, spread across approximately 2,000 acres.

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Ola Electric will be investing about Rs 7,600 crore ($918 million) to set up the EV hub in Tamil Nadu.

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which will help the brand expand its manufacturing capabilities across electric 2Ws, 4Ws and battery cells.

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Bhavish Aggarwal, CEO, Ola said, "We are on the right track to become a global hub for EVs.

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Ola Electric currently retails only one product in the Indian market - the S1 electric scooter.

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