Ola Electric to give India its first Gigafactory next year: CEO Bhavish Aggarwal

India’s first large-scale gigafactory which will be a manufacturing facility for rechargeable batteries for electric vehicles (EV) will be up and functioning by next year, revealed Ola Electric founder and CEO Bhavish Aggarwal in a conversation with ETNow on Wednesday.

“By early next year, we will actually make the gigafactory operational and start using our own Indian-manufactured cells and that is going to be a very important initiative to reduce cost further,” said Aggarwal.

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