May 12, 2024

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Ola companions Siemens to construct world’s largest EV manufacturing facility in TN for Rs 2,400 crore

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Image Source : FILE PHOTO/PTI Ola could have entry to Siemens’ built-in Digital Twin design and manufacturing options.
Ola, one of many main mobility firms on this planet, on Wednesday introduced that it has partnered with Siemens because it appears to be like to quickly construct its upcoming electrical automobile manufacturing facility. This announcement comes on the heels of Ola’s MoU with the federal government of Tamil Nadu to take a position practically  Rs 2,400 crore in the direction of constructing this facility.
The manufacturing unit will generate virtually 10,000 jobs and with an preliminary capability of two million models a yr, will probably be the biggest scooter manufacturing facility on this planet. It will function Ola’s world manufacturing hub catering to its clients in India in addition to key markets throughout Europe, UK, Latin America and Australia-New Zealand. 
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Ola’s manufacturing unit will likely be constructed on Industry 4.0 rules and would be the most superior manufacturing facility within the nation, the corporate mentioned in a press release. It could have virtually 5,000 robots deployed throughout varied features. Ola could have entry to Siemens’ built-in Digital Twin design and manufacturing options to digitalize and validate product and manufacturing forward of precise operations, it added. 

“Ola is delighted to partner with Siemens to build the most advanced manufacturing facility in the country. This will be our global hub and will set a benchmark in quality, scale and efficiency, demonstrating India’s capability to build world class cutting edge products. We look forward to bringing this factory online in the coming months and putting our products in the hands of customers,” Bhavish Aggarwal, Chairman and Group CEO, Ola, mentioned.
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The manufacturing unit will likely be AI-Powered with Ola’s proprietary AI Engine and tech stack deeply built-in into each side of the manufacturing course of, repeatedly self-learning and optimising each side of the manufacturing course of. This will present unprecedented management, automation and high quality to the complete operations, particularly with Ola’s implementation of cyber-physical and superior IoE methods. 
The complete materials dealing with at Ola’s manufacturing unit will likely be totally automated for max effectivity, proper from uncooked supplies, to supplies motion contained in the manufacturing unit, to storage, to the completed scooter rolling off the manufacturing traces and being loaded onto vehicles. 
“Siemens is a global leader in Industry 4.0 and we are proud to contribute to Ola’s vision of creating a factory of the future using our automation and digitalization expertise to ensuring the highest levels of productivity and quality while enabling an agile and flexible production process,”  Sunil Mathur, MD and CEO, Siemens India.
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