Softbank mass production cars years full#
At full scale, it will have over 10,000 women employed, the company said. Ola Futurefactory is also the world's largest factory that is entirely run by women.
Ola Electric's two-wheeler factory has been built in a record six months time and has completed phase 1 construction, undergoing production trials. Together, we will bring mobility to a billion and sustainability to the future," Bhavish Aggarwal said. I thank our existing investors and welcome new ones to Ola. India has the talent and the capability to build technologies of the future for the industries of the future for the entire world.
While in the first year the production of units won’t be in millions, in the next several years the cost per mile in fully autonomous cars will become very cheap, Son said. "We're proud to lead the EV revolution from India to the world. STOCKHOLM (Reuters) SoftBank Group Corp Chief Executive Masayoshi Son said on Friday he expects mass production of self-driving vehicles to start in two years. "Today's announcement will further strengthen Ola's "Mission Electric" - which urges the industry and consumers to commit to electric and ensure that no petrol two-wheelers should be sold in India after 2025," the company said in a statement.Īlso read: Ola CEO Bhavish Aggarwal’s game plan to change the future of mobility Ola said it will accelerate development of other vehicle platforms, including electric motorbike, mass market scooter and its electric car.
The three-year firm has so far raised $600 million across 7 funding rounds, with global investors doubling down on the future of electric mobility in a huge market like India.
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