Ola Electric has announced a ₹2,200 crore investment in the financial year 2025 to expand its cell manufacturing capabilities. This investment will reduce reliance on imported battery cells, lower production costs, and improve battery performance. The strategic move is supporting India’s push for self-reliance in the electric vehicle sector, enhancing local supply chains, and promoting technological innovation. By localizing production, Ola aims to make EVs more affordable, boost job creation, and align with India’s sustainability goals. While raw material shortages and intense competition exist, this initiative puts Ola at the forefront of India’s transition into the EV era and as a global market competitor.