India’s Ola Electric is progressing in its development of solid-state batteries, with plans to power its electric scooters with these new cells by next year. Founder Bhavish Aggarwal announced this move, highlighting ongoing experimentation and upcoming production at their Tamil Nadu gigafactory.
Ola, the ride-hailing cab aggregator, has announced a significant shift in its operations by fully transitioning from Google Maps to its own in-house mapping service, Ola Maps, on July 5. This move comes shortly after the company’s recent exit from Microsoft’s Azure platform.
Bhavish Aggarwal, CEO of Ola, took to Twitter to share the news. “After Azure exit last month, we’ve now fully exited Google Maps. We used to spend ₹100 crore a year, but we’ve made that 0 this month by moving completely to our in-house Ola Maps! Check your Ola app and update if needed 😉,” Aggarwal tweeted.
After Azure exit last month, we’ve now fully exited google maps. We used to spend ₹100 cr a year but we’ve made that 0 this month by moving completely to our in house Ola maps! Check your Ola app and update if needed 😉
— Bhavish Aggarwal (@bhash) July 5, 2024
Also, Ola maps API available on @Krutrim cloud! Many more… pic.twitter.com/wYj1Q1YohO
India’s Ola Electric is advancing its efforts to develop solid-state batteries, aiming for their electric scooters to be powered by these innovative cells by next year. This announcement was made by Bhavish Aggarwal, the founder and chairman of the electric scooter manufacturer, which is backed by SoftBank Group.
“We are in very early stages of our experimentation on solid state batteries,” stated Aggarwal.
Aggarwal anticipates that Ola’s own cells will power its electric scooters, which are among the best-selling in India, by early next year. This timeline aligns with the start of commercial production at Ola’s cell ‘gigafactory’ in Southern Tamil Nadu.
The gigafactory, operated by a subsidiary of Ola Electric, has been selected for the Indian government’s battery manufacturing incentive scheme. This initiative aims to boost local production capabilities and reduce dependency on imports.
Solid-state batteries are known for their enhanced safety features, longer lifespan, and faster charging times compared to traditional lithium-ion batteries, which use flammable liquid electrolytes.
However, widespread adoption has been challenging due to limited raw material availability, complex manufacturing processes, and high costs.
source by : Mint
Also Read : UK Elections 2024: Who is Keir Starmer? Here’s all you need to know about Britain’s next PM
Read the latest and breaking Hindi news | English News on अब पाएं सबसे निष्पक्ष, विश्वसनीय और तेज खबरें, सिर्फ WWW.THEINSIGHTTODAY.COM पर।. Get live Hindi news about India and the World from politics, sports, bollywood, business, cities, lifestyle, astrology, spirituality, jobs and much more..Read Latest News on your Mobile app so Download Mobile app The Insight Today