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Ola introduces India’s first indigenously made lithium ion-cell

Ola introduces India's first indigenously made lithium ion-cell_50.1

Ola Electric has unveiled the country’s first indigenously developed lithium-ion cell. The Bengaluru-based two-wheeler maker will begin the mass production of the cell- NMC 2170, from its Chennai-based Gigafactory by 2023. The use of specific chemicals and materials enables the cell to pack more energy in a given space and also improves the overall life cycle of the cell.

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About the Ola Electric:

  • Ola is building the world’s most advanced cell research centre that will enable us to scale and innovate faster, and build the most advanced and affordable EV products in the world with speed.
  • The company was recently allocated 20GWh capacity under the ACC PLI scheme by the govt for developing advanced cells in India.
  • Ola Electric launched its first electric vehicle in August 2021 and has also set up the world’s largest two-wheeler manufacturing facility in India.

Important takeaways for all competitive exams:

  • Ola Electric Founder: Bhavish Aggarwal;
  • Ola Electric Founded: 2017.

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