Ola Electric to roll out battery cells developed in-house from next quarter, bets on cost-led EV push
Ola Electric is set to roll out its in-house developed Lithium Iron Phosphate (LFP) battery cells from next quarter, marking a shift from Nickel Manganese Cobalt chemistry. The move aims to reduce costs, improve safety, and accelerate EV adoption in India’s high-temperature markets, strengthening the company’s vertically integrated battery and electric mobility strategy.