Okinawa To Set Up Its Biggest EV Factory In India
It boasts a capacity of 1 million units every year
Okinawa, which became the highest-selling electric two-wheeler manufacturer in the country in May 2022 has announced plans to set up a mega factory in order to meet the increased demand for electric two-wheelers in the country.
The new factory will be spread over an area of 30 acres and will become the company’s third plant in India, with the other two also located in the State of Rajasthan. Okinawa claims that the facility, which will see Rs 500 crore invested into it, will offer employment to about 5,000 individuals.
The company recently partnered with Tacita, an Italian electric scooter brand. As part of the joint venture, e-scooters and bikes will be produced at the new plant that will be fully operational from October 2023.
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Okinawa claims that the factory is in-line with the government’s ‘Make-In-India’ vision and consists of an in-house automatic robotic battery manufacturing unit and an in-house motor and controller plant.
The massive facility will also see robotic automation of plastic body parts molding for electric vehicles as well as a paint shop in order to facilitate localisation of the entire production process.
This mega factory, in Karoli, Rajasthan, will have the capacity to roll out a total of 1 million (10 lakh) units per annum and if the claims are to be believed, it will make it among the biggest EV manufacturing facilities in the country.
By expanding its production capacity in the country with the third plant, Okinawa aims to meet the rapid increase in demand for electric two-wheelers in the country. Apart from that, the company will use the facility to concentrate on innovation by improving the R&D facility, warehouse, and supplier park.