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.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

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.

Find More Business News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.