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

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

The Free Press Journal | 27/01/2022 06:55 PM | Click to read full article

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 center for advanced engineering and vehicle design in the UK.

This center - 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.