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Ola Electric plans 50Gwh India battery plant in EV push
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Ola Electric plans to build a battery cell manufacturing plant in India with a capacity of up to 50 GWh
The initial plan is to set up 1Gwh of battery capacity by 2023
Ola will need 40Gwh of battery capacity to meet its annual target
This will produce 10 million electric scooters and the rest for electric cars
Ola currently produces about 1,000 scooters a day
It has a target of two million in the first phase
Ola Electric is backed by Softbank Group
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The initial plan is to set up 1Gwh of battery capacity by 2023
Ola will need 40Gwh of battery capacity to meet its annual target
This will produce 10 million electric scooters and the rest for electric cars
Ola currently produces about 1,000 scooters a day
It has a target of two million in the first phase
Ola Electric is backed by Softbank Group
Subscribe Channeliam YouTube Channels here:
Stay connected with us on:
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