From making cycles to battle tanks rockets, TN set to become EV hub The world''s largest electric two-wheeler plant with 20 lakh units capacity built by Ola Electric Mobility is progressing fast on 500 acres at Krishnagiri district. Recently Ola CEO Bhavish Aggarwal tweeted about the Rs 2,354 crore project: "In just 4 months, this place has been transformed from acres of empty rock land to the world''s largest 2W factory. The Ola Futurefactory phase 1 is nearing completion! The scooters are coming soon! Great work by team." Be that as it may, already Ather Energy backed by Hero MotoCorp has started rolling out electric two-wheelers from its plant in Hosur. The company has announced additional investment of about Rs 635 crore over the next five years. Diversified engineering company Greaves Cotton Ltd''s subsidiary Ampere Vehicles will roll out its electric two-wheelers from its Ranipet plant by the end of this year. Initially the production capacity will be about one lakh units per annum and it will be increased to one million units over a period of time and discussions are on for the development of vendor base for various components, Nagesh A.