Ola Electric has unveiled India’s first indigenously developed lithium ion cell. The company will begin mass production of the cell (NMC 2170) from its Chennai-based Gigafactory by 2023.
The company was recently allocated 20GWh capacity under the ACC PLI scheme by the govt for developing advanced cells in India. The Ola Electric had launched its first electric vehicle in August 2021 and has also set up the world’s largest two-wheeler manufacturing facility in India.