{"id":9870,"date":"2022-07-19T05:16:00","date_gmt":"2022-07-19T05:16:00","guid":{"rendered":"https:\/\/newprojectstracker.com\/blog\/?p=9870"},"modified":"2023-06-17T04:38:42","modified_gmt":"2023-06-17T04:38:42","slug":"ola-to-invest-500-million-in-ev-battery-rd-unit","status":"publish","type":"post","link":"https:\/\/www.newprojectstracker.com\/blog\/ola-to-invest-500-million-in-ev-battery-rd-unit\/","title":{"rendered":"Ola to invest $500 million in EV battery R&#038;D unit"},"content":{"rendered":"\n\n\n\t<div class=\"dkpdf-button-container\" style=\" text-align:right \">\n\n\t\t<a class=\"dkpdf-button\" href=\"\/blog\/wp-json\/wp\/v2\/posts\/9870?pdf=9870\" target=\"_blank\"><span class=\"dkpdf-button-icon\"><i class=\"fa fa-file-pdf-o\"><\/i><\/span> Download PDF Report<\/a>\n\n\t<\/div>\n\n\n\n\n\n<p><img class=\" wp-image-9871 aligncenter\" src=\"https:\/\/newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/07\/Ola-to-invest-500-million-in-EV-battery-RD-unit.jpg\" alt=\"\" width=\"375\" height=\"281\" \/><\/p>\n<p>The electric car division of the ride-hailing company, Ola Electric, is investing roughly $500 million to build its battery innovation centre (BIC) in Bengaluru.<\/p>\n<p>According to Ola, which is run by Bhavish Aggarwal, BIC will be one of the largest and most sophisticated cell research and development (R&amp;D) facilities in the world, equipped with more than 165 pieces of &#8216;unique and cutting-edge&#8217; laboratory equipment to handle all facets of cell-related R&amp;D.<\/p>\n<p>The duration of the investment was kept a secret by the corporation. However, reports claim that it takes three to five years.<\/p>\n<p>In India, the electric two-wheeler manufacturers Ather Energy, Hero Electric, Bajaj, TVS Motor Company, Bounce, and Boom Motors are now directly competing with SoftBank-backed Ola. The company also intends to introduce robotaxis, motorbikes, sport utility vehicles, and electric automobiles.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download PDF Report The electric car division of the ride-hailing company, Ola Electric, is investing roughly $500 million to build its battery innovation centre (BIC) in Bengaluru. According to Ola, which is run&#8230; <\/p>\n","protected":false},"author":3,"featured_media":9871,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[163],"tags":[225,2111,2112,757,719],"jetpack_featured_media_url":"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/07\/Ola-to-invest-500-million-in-EV-battery-RD-unit.jpg","acf":[],"_links":{"self":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/9870"}],"collection":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/comments?post=9870"}],"version-history":[{"count":3,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/9870\/revisions"}],"predecessor-version":[{"id":17199,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/9870\/revisions\/17199"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media\/9871"}],"wp:attachment":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media?parent=9870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/categories?post=9870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/tags?post=9870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}