Old Electric lately uncovered India’s first indigenously developed lithium- ion cell called “ NMC 2170 ”.

Highlights

  • Ola electric is an electric vehicle company, led by Bhavish Aggarwal.
  • NMC 2170 was assembled in- house. Mass production of the cell will start at its upcoming Gigafactory by 2023.
About NMC 2170
NMC 2170 is a high nickel cylindrical Ola cell. It comprises of Nickel- Manganese- Cobalt( NMC) on cathode side while graphite & silicon on anode side. It makes use of specific chemistry and materials, which helps the cell in packing further energy in a given space. It also improves overall life cycle of the lithium- ion cell. The cell has been developed by considering indigenous conditions at the core.
Ola’s investment in R&D
Ola Electric aims to invest in core R&D, in a bid to create indigenous advanced cell technologies, create an intertwined Ola Electric hub and strengthen manufacturing capabilities. Ola electric lately received 20GWh capacity under the advanced chemistry cell( ACC) PLI scheme by Central Government of India, to develop advanced cells.
It’s an Indian electric two- wheeler manufacturer. It’s headquartered in Bangalore. But the manufacturing plant is established in Krishnagiri, Tamil Nadu. Company was set in 2017, as a wholly- owned subsidiary of ANI Technologies, which is the parent company of Ola Cabs. In May 2020, Ola Electric acquired electric scooter manufacturer Etergo, which is based in Amsterdam and announced to launch its own electric scooters in India by 2021.

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