Ola to start production of lithium-ion cell at its Gigafactory by 2023

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Ola Electric has introduced its lithium-ion cell — NMC 2170 — and said it will begin the mass production of its cell from its upcoming Gigafactory by 2023.

The High Nickel Cylindrical Ola Cell uses NMC on the cathode side; and graphite and silicon on the anode side.

The use of specific chemistry and materials enables the cell to pack more energy in a given space and also improves the overall life cycle of the cell. The cell has been developed keeping the indigenous conditions at the core.

“Ola is building the world’s most advanced cell research center that will enable us to scale and innovate faster, and build the most advanced and affordable EV products in the world with speed,” said Bhavish Aggarwal, Founder and CEO of Ola Electric.

The company said it is committed to investing in core research and development to create indigenous advanced cell technologies, strengthen manufacturing capabilities and create an integrated Ola Electric Vehicles hub.

It was recently allocated 20 GWh capacity under the ACC PLI scheme by the Government of India for developing advanced cells in India and is setting up a cutting-edge cell manufacturing facility with an initial capacity of up to 20 GWh, localising the most critical part of the EV value chain.

The company is recruiting top cell research and development talent across the globe and will employ 500 PhDs and engineers.