Ola Electric to give India its first Gigafactory next year: CEO Bhavish Aggarwal
Ola Electric's founder & CEO, Bhavish Aggarwal, has said that India's first large-scale Gigafactory for rechargeable batteries used in electric vehicles will be operational by next year. The facility will aim to reduce the cost of electric vehicle production with the cells and batteries. The initial capacity of the Gigafactory will be 5 GWh. At full scale, the factory will have 100 GWh capacity, which will also be the world's largest battery manufacturing unit.