Ola Electric invest $500Million in Bengaluru-based Cell R&D Facility

Ola To Set up a new battery plant in Bangalore, with an investment of $500 Million in a Bengaluru-based cell R&D Facility

the aim to produce cylindrical, pouch, coins, and prismatic cells, said, Ola CEO and founder Bhavish Agrawal.

Bhavish tweeted, “Sharing something I’m personally very passionate about! Building a state-of-the-art Battery Innovation Center (BIC)

BIC Center will host prototype lines that can able to produces cylindrical, pouches, coins, and prismatic cells.

Release Notes

BIC will become the world’s largest advanced cell R&D facility with 165 unique & cutting-edge lab equipment

BIC also planning to recruit freshers, 500+ engineers, and PhDs which will be supported by around 1,000 researchers across India

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BIC Center will host prototype lines that can able to produces cylindrical, pouches, coins, and prismatic cells.

the Center will also produce a whole package of battery pack designs including fabrications and testing under the root.

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