Ola Electric revs up with £100 million for first global design studio in Coventry

Ola Electric revs up with £100 million for first global design studio in Coventry

India’s leading manufacturer of EVs, Ola Electric has announced Ola Futurefoundry, its global centre for advanced engineering and vehicle design. Based in Coventry, U.K., the centre is Ola’s first global hub for the best automotive design and engineering talent in the world.

Ola Futurefoundry will work in sync with the design and engineering teams based at Ola Campus in Bengaluru in India. It will house global talent across multiple disciplines of 2W and 4W vehicle design, advanced high-performance automotive engineering, digital and physical modelling and more.

It will also house talent that will focus on vehicle R&D around new energy systems including cell technologies.

Ola will invest £100M over the next five years into the state-of-the-art centre and staff it with over 200 designers and automotive engineers. The centre will also partner with a world-class education and research institutions in the U.K. to collaborate on technology research and development.

Bhavish Aggarwal, Founder & CEO, Ola said: “Ola Futurefoundry will enable us to tap into the fantastic automotive design and engineering talent in the U.K. to create the next generation of electric vehicles.”

“We want to create a world-class design and R&D team with global sensibilities. Ola Futurefoundry is an important step in building a multi-disciplinary team that is agile, flexible, and responsive to the various needs of our consumers around the world. The hub will supplement and collaborate with our core team in India to deliver exciting new EVs across two wheeler, 4 wheeler and other form factors,” said Wayne Burgess, Vice President of Vehicle Design, Ola Electric. The company had roped in Burgess, a Jaguar veteran to head its design unit for electric cars in May last year.

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