Ola to invest Rs 4,000 crore in Battery Innovation Centre in Bengaluru

EV maker to develop futuristic and localised cell technology at new facility; will recruit top industry talent including 500 PhDs and engineers.

18 Jul 2022 | 2396 Views | By Autocar Pro News Desk

Ola Electric has announced a big-ticket investment of US$ 500 million (Rs 3994.5 crore) to set up a state-of-the-art Battery Innovation Center (BIC) in Bangalore.

The company claims “BIC will be one of the world’s largest and most advanced cell R&D facilities with more than 165 unique and cutting-edge ...

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Tags: Ola Electric
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