ReferIndia News Ola Electric infuses Rs 2000 crore in EV and cell manufacturing

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Ola Electric infuses Rs 2000 crore in EV and cell manufacturing

Published on: May 15, 2026, 3:44 p.m. | Source: The Economic Times

Ola Electric Mobility has approved a Rs 2,000 crore investment into its EV and battery manufacturing subsidiaries to boost localisation and vertical integration. This capital infusion aims to strengthen its core EV business and scale up battery operations amid rising competition and profitability concerns.

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