India’s first indigenously developed lithium-ion cell

July 14, 2022

Old Electric recently uncovered India’s first indigenously developed lithium-ion cell called “NMC 2170”.

Highlights

Ola electric is an electric vehicle company, led by Bhavish Aggarwal.
NMC 2170 was built in-house. Mass production of the cell will start at its upcoming Gigafactory by 2023.

About NMC 2170

NMC 2170 is a high nickel cylindrical Ola cell. It comprises of Nickel-Manganese-Cobalt (NMC) on cathode side while graphite & silicon on anode side. It makes use of specific chemistry and materials, which helps the cell in packing more energy in a given space. It also improves overall life cycle of the lithium-ion cell. The cell has been developed by considering indigenous conditions at the core.

Background

In March 2022, Ola Electric had invested in the Israeli battery technology company StoreDot, which is an expert in batteries with extreme fast charging (XFC) technology. Ola Electric has the access to XFC battery technology of StoreDot, which is capable of charging a battery from 0 to 100% in 5 minutes.

Ola’s investment in R&D

Ola Electric aims to invest in core R&D, in a bid to create indigenous advanced cell technologies, create an integrated Ola Electric hub and strengthen manufacturing capabilities. Ola electric recently received 20GWh capacity under the advanced chemistry cell (ACC) PLI scheme by Central Government of India, to develop advanced cells.

Ola Electric Mobility

It is an Indian electric two-wheeler manufacturer. It is headquartered in Bangalore. But the manufacturing plant is established in Krishnagiri, Tamil Nadu. Company was set in 2017, as a wholly-owned subsidiary of ANI Technologies, which is the parent company of Ola Cabs. In May 2020, Ola Electric acquired electric scooter manufacturer Etergo, which is based in Amsterdam and announced to launch its own electric scooters in India by 2021.

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