Ola in talks with multiple global suppliers for $1 bn cell manufacturing - Economic Times

Ola Electric needs 40 Gwh of battery capacity to power 10 million electric scooters annually. The remainder will be for its electric cars, which the company plans to manufacture in the future. Sources said the cell battery plant may cost around USD 1 billion …

SoftBank Group-backed Ola Electric is in talks with multiple global suppliers to build a battery cell manufacturing plant in India with a capacity of up to 50-gigawatt hours, sources said. As part of… [+2141 chars]

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