At Krishnagiri district, batteries for a 20 Giga Watt unit will be generated.
It producing 3,111 employments.
In addition to Ola, Ather and TVS Motor also
manufacture
their electric vehicles.
With its subsidiaries Ola Electric Technologies and Ola Cell Technologies, Ola Electric Mobility signed the deal (OET).
It's transforming its facility into the biggest EV hub in
the world.
A facility to generate 140,000
electric
four-wheelers annually is planned.
The state pointed out 48,000 jobs in the EV value chain in the last 5 years.
For five years, the state would exclude all taxes.
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