Ola Electric eyes stakes in JVs to up raw material supplies

know more

Ola Electric is open to picking up minority stakes in a couple of joint ventures in order to build a robust supply chain of the key raw materials .

It is also in talks for partnerships with providers of the global anode, cathode and electrolytes which are used to make the batteries in the hope that these providers are keen to open up. 

The company has already worked on making its first presample cell in a lab in South Korea and will now test it at its new research and development facility in Bangalore.