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Ola partners with Siemens for Rs 2,400 crore EV manufacturing facility

Ride-hailing major Ola on Wednesday said it has partnered with Siemens to leverage the latter’s technology at its upcoming electric vehicle manufacturing facility in Tamil Nadu. In December, Ola had announced inking an agreement with the Tamil Nadu government to invest Rs 2,400 crore for setting up its first electric scooter factory in the state.

“Ola’s factory will be built on Industry 4.0 principles and will be the most advanced manufacturing facility in the country. It will have almost 5,000 robots deployed across various functions,” a statement said.

As part of the partnership, Ola will have access to Siemens’ integrated ‘Digital Twin’ design and manufacturing solutions to digitalise and validate product and production ahead of actual operations, it added.

A digital twin is a virtual representation of a physical product that can help understand and predict the physical counterpart’s performance characteristics. Digital twins are used to simulating, predict, and optimise the product and production system before investing in physical prototypes.

“The factory will be artificial intelligence-powered with Ola’s proprietary AI Engine and tech stack deeply integrated into every aspect of the manufacturing process, continuously self-learning and optimising every aspect of the manufacturing process,” Ola said.

This will provide unprecedented control, automation and quality to the entire operations, especially with Ola’s implementation of cyber-physical and advanced IoE systems, it added.

Source
ET Energy World
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