February 25, 2024

Ola Electric, the homegrown electric vehicle manufacturer, unveils its indigenously manufactured lithium-ion cell NMC 2170. Bhavish Aggarwal, the founder and CEO of Ola Electric, has tweeted Ola Electric’s plans to increase its cell technology and reduce its dependence on imports to manufacture EVs.

Aggarwal tweeted, “The cell is the heart of the evolution. We need to make our own technology to scale faster and innovate. Much more in the pipeline on our cell technology roadmap.”

The company stated that it would begin mass production of its cell in its gigafactory in Chennai in 2023. According to the statement by the company, “The utilization of specific chemistry and materials allows cells to store more energy into a smaller space, and improves the lifespan that the cells. The cell was developed with the local conditions at the center of. Our first locally-made lithium-ion cell also happens to be the initial of a number of cells in our technology plans. A strong regional EV ecosystem is essential to allow India to grow into an international EV center.”

As reported earlier, the Bengaluru-based maker of electric vehicles has been recently given 20GWh of capacity as part of the PLI scheme by the Indian government India to create advanced cell technologies in India and is currently setting up a cutting-edge production facility for cell cells.

In the past, it has been stated that Ola Electric has invested $100 million in advancing and testing lithium-ion battery cells. According to the report, Ola Electric has employed more than 200 researchers to work on research and development.

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