Ola Electric is setting up a Battery Innovation Centre (BIC) in Bengaluru for research and development.
The plan: Ola is India’s largest Electric Vehicle company, and it’s looking to ramp up. The company will invest $500 million in a battery innovation centre and promote indigenous cell research in India. The facility in the city will be one of the world’s biggest with more than 165 pieces of equipment.
- The BIC will have advanced labs and equipment for battery innovation. It’ll have Proto lines that can produce Cylindrical, Pouch, and Coin cells. The centre will have the capability to make a complete battery packet design, its fabrication, and testing under one roof.
- Some of the equipment will be cutting-edge like x-ray photoelectron spectroscopy machines (XPS), the latest Gen 3 CT scan equipment, and others.
What’s next? The company will also go on a hiring spree to recruit 500 PhDs and engineers, along with 1,000 researchers. Ola will begin mass production of its cell by 2023.