Okinawa to invest Rs 500 cr to set up EV manufacturing plant in Rajasthan – Times of India

Electric Two Wheeler Manufacturer Okinawa Autotech announced today that it will invest Rs 500 crore to set up a EV manufacturing Plant at Karoli, Rajasthan. After setting up two factories in Rajasthan RajasthanThis is the manufacturer’s third manufacturing plant that will be spread over 30 years of land, Okinawa says.
In a statement issued, the brand said that the fully integrated electric two-wheeler plant will be operational from October 2023. In addition, it is added that the plant will provide employment to more than 5,000 people.
Okinawa said the plant will be fully automated for manufacturing electric two-wheelers, along with automation for powertrain manufacturing. In addition, the plant will include an in-house motor as well as an in-house automated robotic battery manufacturing unit and control plant, there will be robotic automation According to the company’s claims, plastic body parts molding and a paint shop to facilitate localization in the production process.
“The R&D facilities planned at the mega factory will ensure to meet the demand of the sector in future. The mega factory will not only focus on manufacturing vehicles. It will also have a supplier park that will take care of motors, controllers, battery packs and other electrical parts that support the entire EV ecosystem,” says Jitendra Sharma, Founder & MD Okinawa Autotech.
The brand states that under the current joint venture tacitaThe entire range of electric scooters and motorcycles will be manufactured at this EV plant and these units are meant for domestic and international markets.