Ola Cell Technologies Lithium-ion Battery Gigafactory Expansion
Sector: Energy Storage • Location: Tamil Nadu, India
Source: Autocar Professional
Ola Electric plans to raise ₹2,000 crore by selling a stake in its battery subsidiary, Ola Cell Technologies (OCT), to expand domestic battery manufacturing and energy storage capabilities. OCT owns a lithium-ion cell manufacturing facility in Tamil Nadu with an operational capacity of about 1.5 GWh, which is planned to be scaled to 6 GWh by the end of the current financial year. The gigafactory p
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Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | under construction |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Ola Electric plans to raise ₹2,000 crore by selling a stake in its battery subsidiary, Ola Cell Technologies (OCT), to expand domestic battery manufacturing and energy storage capabilities. OCT owns a lithium-ion cell manufacturing facility in Tamil Nadu with an operational capacity of about 1.5 GWh, which is planned to be scaled to 6 GWh by the end of the current financial year. The gigafactory project was built with an upfront investment of about ₹3,500 crore and supports energy storage products for multiple sectors beyond two-wheelers. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
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Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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