Categories: Business

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

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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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.