Bhavish Aggarwal, CEO and Co-Founder of ANI Technologies Pvt., In Bengaluru, India on Friday, March 5, 2021. Top-level founder Ola hopes to manufacture 10 million vehicles per year, or 15% of global production of electric vehicles. scooters by summer 2022 before also selling abroad. Photographer: Dhiraj Singh / Bloomberg (Bloomberg) News 

Ola Electric will do EV every 2 seconds

Bhavish Aggarwal examines the empty 500-acre expanse surrounded by neon-painted houses, tiny shrines, and mango trees. High-profile founder Ola hopes to erect the world’s largest electric scooter factory on this vacant lot on the outskirts of Bangalore within the next 12 weeks, with around 2 million a year – a benchmark for one of the largest startups from India. A two-and-a-half-hour drive southeast of Bangalore, the estimated $330 million Aggarwal mega-factory marks a daring foray into uncharted territory for an entrepreneur who spent 10 years building a giant carpooling. Its…

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