March 14, 2026

Softbank-Backed Ola Electric Plans 50Gwh India Battery Plant In EV Push- Sources

0

The initial plan is to set up 1Gwh of battery capacity by 2023 and expand it to 20GWh over the next 3-4 years, said another source aware of the plans, adding that this alone will need an investment of up to $1 billion.