July 5, 2022

Ola Electrical has introduced it has appointed Dr Prabhakar Pati- the previous CEO of LG Chem Energy-to the boar.

Making this announcement, Ola crew CEO Bhavish Aggarwal mentioned, Patil has experience in designing batteries for one of the vital main EVs all over the world.

Ola Electric is investing in core research and development (R&D) to create indigenous advanced cell technologies as well as invest into large scale manufacturing of batteries.

Aggarwal said, “We have already applied for the government of India’s $2.4 billion PLI scheme for developing advanced cells and will set up a cutting edge cell manufacturing facility with upto 50GWh capacity right here in India. Dr Prabhakar’s expertise will help us accelerate this process of bringing indigenously designed and manufactured cells to the market. “

Ola Electric is also scouting opportunities around the world for strategic investments into companies focused on advanced cell chemistry research as well as other battery technologies including fast charging that will allow it to provide higher density and higher battery performance for its upcoming range of two and four wheeler EVs, Aggarwal said.

He also tweeted that the next software update for its electric scooters was “almost ready” and would be rolled for everyone by the end of April.

Revealed on: Wednesday, March 16, 2022, 06:19 PM IST

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