Ola Electric — in conjunction with stakeholders — is putting together a plan to ensure a stable supply of raw materials which go into the making of a lithium battery cell.
The company is the only two-wheeler electric vehicle (EV) player that has decided to manufacture the cell and control its technology — which are crucial components for making the battery.
Ola broke the myth that crucial raw materials, which include lithium, nickel and cobalt, are controlled by China, and it may be difficult for India strategically to play a key role in EVs. Ola Electric founder Bhavish Aggarwal said, “There is