Business Standard

Sunday, January 19, 2025 | 11:19 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Ola Electric making plans to ensure a stable supply of raw materials

The company is the only two-wheeler electric vehicle (EV) player, which has decided to manufacture the cell and control its technology - that are crucial components for making the battery

Ola Electic, Lithium-ion cell
Premium

It has already signed agreements with the Australian Critical Minerals Facilitation Office to facilitate sourcing of lithium from both countries

Surajeet Das Gupta New Delhi
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

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in