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Ola, a company that makes electric vehicles, has revealed an NMC 2170 lithium-ion cell made in-house. Ola stated that it will start mass production of its cell at its Gigafactory in 2023.
“The use of specific chemistry & materials enables the cell to pack more energy in a given space and also improves the overall life cycle of the cell”, it said. “The cell has been developed keeping the indigenous conditions at the core”.
Bhavish Aggarwal, founder and CEO of Ola Electric, said that a cell was the heart of the electric vehicle revolution. “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”, Aggarwal said.
“Our first indigenously made Li-ion cell is also the first of many in our cell technology roadmap. Having a robust local EV ecosystem is important for India to become a global EV hub”, he added.
According to the company, it will continue to invest in core R&D in order to develop advanced cell technologies and strengthen manufacturing capabilities to create integrated Ola EV hubs.
The company stated that the Government recently granted it 20GWh capacity under the ACC PLI scheme for India’s advanced cell development. It also said that it is establishing a cell manufacturing plant with an initial capacity of 20 GWh. This will allow the company to localise the most important part of the electric vehicle value chain.
Ola stated that it is also looking for top-cell R&D talent around the world and will employ 500 Engineers and PhDs.