Ola Futurefoundry will be based in Coventry, UK and shall work in sync with the design and engineering teams based at Ola Campus in Bengaluru. The UK centre will harbour talent that will focus on vehicle R&D around new energy systems including cell technologies
Ola Electric announced its plans to invest over USD 100 million (about Rs 750 crores) over the next five years in order to set up a global centre for advanced engineering and vehicle design in the UK. As per the reports, the centre will house global talent across multiple disciplines of 2W and 4W vehicle design, advanced high-performance automotive engineering, digital and physical modelling and more.
The centre will harbour talent that will focus on vehicle R&D around new energy systems including cell technologies. It will also partner with a world-class education and research institutions in the UK to collaborate on technology research and development. The new centre Ola Futurefoundry shall work in sync with the design and engineering teams based at Ola Campus in Bengaluru.
In his statement, Ola founder Bhavish Aggarwal said that the company intends to build future mobility and continue to attract the best global talent across disciplines. He further added that Ola Futurefoundry Centre will enable the company to tap into the vast automotive design and engineering talent in the UK to create the next generation of electric vehicles. Futurefoundry intends to supplement and collaborate with the core team in Bengaluru to deliver exciting new EVs across two-wheeler, four-wheeler and other form factors.