Uber rival Ola to build world’s biggest scooter factory in India

Uber rival Ola plans to build the world’s largest scooter factory in India, aiming to make two million electric two-wheelers a year for Asia, Europe and Latin America.

The Indian ride-hailing firm, which has financial backing from Japan’s SoftBank, said on Monday that it would create 10,000 jobs and invest $325 million in the plant in the southern state of Tamil Nadu.

The factory will help make India a ‘manufacturing hub for electric vehicles’ as Ola gears up to launch its e-scooters in the coming months, the company said.