Tuesday, July 22, 2025

Ola Electric To Setup New Design and R&D Center In UK

Highlights: โ€“

  • Olaโ€™s R&D centre will be christened โ€˜Ola Futurefoundryโ€™ and will be based in Coventry (UK), which is a global hub for automotive design and engineering talent in the world.
  • This new R&D centre will work in sync with brandโ€™s Bengaluru-based design and engineering teams.
  • The Ola Futurefoundy will work on vehicle design, advanced automotive engineering, vehicle modeling, and battery technologies.
  • Over 200 designers and automotive engineers will work in Ola Futurefoundry.

Also Read: Production Of The Entry-Level Ola S1 Variant To Start By The End Of 2022

Ola Electric has announced that it will set up its new global R&D center for advanced engineering and vehicle design in Coventry, UK that will be called โ€˜Ola Futurefoundryโ€™. The brand will it will invest over $100 million (Rs 750 crore) over the next five years into the center and staff it with over 200 designers & automotive engineers.

The Ola Futurefoundry will work in sync with the design and engineering teams based at Ola Campus in Bengaluru, and work on various verticals of 2-wheelers and 4-wheelers vehicle design, advanced high-performance automotive engineering, digital & physical modeling, and new energy systems including cell technologies.

According to the press release, the center will also partner with world-class education & research institutions in the UK to collaborate on technology research and development.

For those who arenโ€™t aware, Ola Electric has recently received $ 200 million (Rs 1,500 crore) funding from investors like Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss, and others. This has led the companyโ€™s valuation to $ 5 billion. 

Also Read: Tork Kratos Electric Motorcycle Launched In India

Talking about this, Bhavish Aggarwal, founder & CEO, Ola, said: โ€“

At Ola, we are building the future of mobility and continue to attract the best global talent across disciplines. Ola Futurefoundry will enable us to tap into the fantastic automotive design and engineering talent in the UK to create the next generation of electric vehicles. Futurefoundry will work in close collaboration with our headquarters in Bengaluru to help us build the future of mobility as we make EVs affordable across the world.

In other news, Bhavish Aggarwal has recently shared a concept car on Twitter, hinting at the brandโ€™s plans to enter the electric four-wheelers segment in the future.

Car News

Jeep Compass and Meridian Trail Editions Launched In India

0
Jeep has launched special edition models of both the Compass and Meridian SUVs, called the "Trail Edition". These editions bring several cosmetic enhancements to...

Maruti Baleno and Ertiga Now Get Standard Six Airbags

0
For the past few months, Maruti Suzuki has been updating the safety quotient of its cars. In line with this, India's largest passenger carmaker...
MG M9 India Lauch Date

MG M9 Electric MPV To Launch On This Date

0
MG Motor India is all set to launch the M9 luxury electric MPV in India on July 21. It will be the brand's first...
Mahindra XUV 3XO AX5 price list

Mahindra XUV 3XO AX5 Prices Reduced By Rs 20,000

0
Following the launch of the new REVX lineup, Mahindra has now slashed the prices of the AX5 petrol variants of the XUV 3XO by...

Related Articles

New Renault Triber Teased; Launch Tomorrow

Renault India has teased the Triber facelift for the first time, ahead of its launch tomorrow, ie, July 23. The refreshed sub-4m MPV is...

Skoda-Volkswagen Issue Another Recall Over Seatbelt Flaw In Multiple Models

Skoda Auto Volkswagen India Limited (SAVWIPL) has announced another recall for seat belt-related issues this year, affecting the Skoda Kylaq, Slavia, Kushaq, Volkswagen Virtus and...

You Can Now Book The 2025 Kia Carens Clavis EV

Kia India has started accepting bookings for the Carens Clavis EV for a token amount of Rs 25,000. Interested customers can reserve one for...

Hyundai Creta Turns 10 In India

The Hyundai Creta has been the highest-selling mid-size SUV in India. The carmaker has sold over 12 lakh units of the Creta since its launch...

MG M9 Electric MPV Launched In India At Rs 69.90 Lakh

The MG M9 luxury electric MPV has finally been launched in India at an introductory price tag of Rs 69.90 lakh (ex-showroom). It was...