Okinawa's Rs 500 cr new plant to roll out 1mn EVs by 2023

June 24, 2022
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Okinawa Autotech, India’s leading electric two-wheeler brand has announced the launch of its mega factory that will invest close to Rs 500 cr with a target to roll out 1 miliion EVs per year by October 2023.This mega factory will be spread across 30 acres of vast land and will provide employment to more than 5000 people. This is the company's third plant after their two units operational in Rajasthan.

The highly automated plant will manufacture electric two-wheelers along with the automation for powertrain manufacturing with in-house automatic robotic battery unit along with an in-house Motor and Controller Plant.

There will be Robotic Automation of plastic body parts molding and a state-of-the-art paint shop to facilitate the localization in the production process. The mega plant will witness the making of global futuristic products along with current JV with Tacita which consists of two product lines scooters and motorcycles – both meant for domestic as well as international markets, the manufacturing of the entire range will be rolled out from this plant.

Jeetender Sharma, Founder and MD, Okinawa Autotech, informed that the new plant will have a supplier park that will take account of motor, controllers, battery packs and "other electrical parts meant to support the complete EV ecosystem" he said.

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