A half year after it gained the Dutch startup Etergo, Ola Electric has declared a ₹2,400 crore ($320 million) venture intend to set up, what it calls, the greatest electric bike producing plant in the Indian territory of Tamil Nadu.
The Memorandum of Understanding (MoU) with the Tamil Nadu government is for an industrial facility with an underlying yearly limit of 2 million units. “This will…
