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Ola to invest USD 500 million in battery innovation and indigenous cell R&D
Ola Electric, India’s largest electric vehicles company, today announced the investment of USD 500 million for setting up its state-of-the-art Battery Innovation Center (BIC) in Bangalore. BIC will be one of the world’s largest and most advanced cell R&D facilities with more than 165 unique and cutting-edge lab equipment to cover all aspects of cell related research and development. Ola’s BIC will host Proto lines that can produce all form factors Cylindrical, Pouch, ...
