Ola to invest over $100 mn to build advanced engineering, vehicle design centre 'Ola Futurefoundry' in UK

12:00:00 AM, Friday 28th of January 2022 | in automobile

Ola Electric on Thursday said it will invest over 100 million (about Rs 750 crore) over the next five years and set up a global centre for advanced engineering and vehicle design in the UK. This centre - called the Ola Futurefoundry - will be based in Coventry, UK, and work in-sync with the design and engineering teams based at Ola Campus in Bengaluru, a statement said.