By 2025, Ola Electric plans to start producing 10,000 battery cells per day in Tamil Nadu, after launching its 4680 in-house built battery cells and testing them in two-wheelers.
Ola Electric’s innovative 4680 battery cells have the potential to completely transform the electric vehicle (EV) market. These batteries are developed internally by Ola Electric’s subsidiary and are currently undergoing trials in the company’s two-wheelers.
Compared to the present 2170 cells, the 4680 battery’s bigger cylindrical design greatly improves energy density and output. Because of its enhanced energy storage and heat management capabilities, it promises more than 20% better mileage and range.
For their 4 kWh electric scooters, Ola Electric projects a drop from 110 to just 40 cells per battery pack, meaning reduced costs, fewer points of failure, and higher efficiency from lighter batteries. Ola Electric is now among the leading EV manufacturers developing the next generation of battery technology as a result of this breakthrough.
Ola Electric Mobility is preparing for a big push into the electric vehicle (EV) market by using its in-house designed and produced batteries from its Tamil Nadu facility. The startup is already producing 10,000 cells a day and has filed more than 200 patents for its unique battery technology.
Ola plans to produce 5.45 million cells a year by mid-2025, or 6.4 gigawatt-hours (GWh). With plans to support monthly sales of 100,000 EVs, there is a significant demand, necessitating about 4 million cells per month. Ola has obtained approval for a 20 GWh capacity plant under a production-linked incentive system in anticipation of this expansion.
Leading international automakers are implementing the state-of-the-art 4680 battery technology, which was introduced by Tesla in 2021 with its Model Y and Cybertruck. Prominent manufacturers including BMW, General Motors, Stellantis, and a number of Chinese automakers have joined Tesla in incorporating these cutting-edge batteries into their lines of electric vehicles.
In the two-wheeler market, India is getting ready to overtake China, Japan, South Korea, and the US as a leader in this technology. VinFast has declared intentions to create Tesla-like 4680 batteries in collaboration with StoreDot by 2025.
While rivals including Samsung SDI Co., SK on Co., and Panasonic are aggressively developing their own versions of the 4680 battery in an attempt to capitalize on its improved performance and range possibilities, LG Energy Solution has started mass production for Tesla. With more than 1,000 kilometers of range per charge, CATL has already started mass-producing the 4680 battery in China, securing its place as the biggest battery manufacturer in the world.
