Ola to Invest $500M to Create One of the World’s Most Advanced Cell R&D Facilities

Ola Electric, an electric vehicles company, said that it plans to invest $500 million to set up a Battery Innovation Center in Bengaluru.

The innovation centre will be one of the world’s largest and most advanced cell R&D facilities with more than 165 unique, cutting-edge lab equipment to cover all aspects of cell related research and development.