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ola electric News & Updates - January 23, 2025


LG Energy Solution and JSW Energy explore major battery manufacturing venture
Power Generation   -  Dec 19,2024
LG Energy Solution (LGES) is in talks with JSW Energy to form a joint venture for battery manufacturing in India. The proposed plant will have a 10 GWh capacity, with 70% for energy storage and electr .


Ola to invest Rs 2,200 crore capex in FY25 for cell manufacturing expansion
Manufacturing   -  Dec 18,2024
Ola Cell Technologies Pvt Ltd (OCTPL) plans to invest over Rs 2,000 crore this fiscal year to expand its lithium-ion cell manufacturing capacity in Krishnagiri, Tamil Nadu. With a current capacity of .


SIPCOT applies for environmental clearance for industrial park in Dharmapuri
Infrastructure   -  Sep 11,2024
The State Industries Promotion Corporation of Tamil Nadu (SIPCOT) has sought environmental clearance for an industrial park in Dharampuri district. The proposed park will include areas in Adhagapadi, .


Ola Electric to double current EV manufacturing capacity
Automotive Industries   -  Aug 17,2023
Ola Electric plans to double its electric vehicle production from one to two million units annually within 6 to 9 months. Founder Bhavish Aggarwal is optimistic about financial growth, with new and up .