Ola Electric seems to be on the cusp of a transformation. And we don’t necessarily mean with the number of scooters sold, its ambitious HyperDelivery model or the upcoming motorbikes. The Bhavish Aggarwal-led giant’s focus is turning to something that could open up a bigger market: battery and cell manufacturing.
With a proposed investment of INR 200 Cr in the battery subsidiary, Ola Electric is looking to take some of the focus away from sales figures in a competitive EV two-wheeler market, and is instead looking to not only improve its…