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

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

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

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Ola Electric announces it to invest $500 Million(Approx 4,000 crore ) to set up a state-of-the-art EV battery R&D facility Cell plant in Bangalore

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

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

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As per the company, BIC(battery innovation center) will become the world’s largest advanced cell R&D facility

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

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

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