{"id":509850,"date":"2022-07-29T09:20:32","date_gmt":"2022-07-29T03:50:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=509850"},"modified":"2022-07-29T09:44:08","modified_gmt":"2022-07-29T04:14:08","slug":"ola-electric-to-locally-make-battery-cells-under-centres-pli-scheme","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ola-electric-to-locally-make-battery-cells-under-centres-pli-scheme\/","title":{"rendered":"Ola Electric to locally make battery cells under Centre&#8217;s PLI scheme"},"content":{"rendered":"<p>Ola Electric said it has signed an agreement under the Centre\u2019s production-linked incentive (PLI) scheme to manufacture advanced cells in India. SoftBank-backed Ola said it is the only Indian electric mobility company selected by the Government of India under its ambitious Rs 80,000-crore cell PLI scheme, receiving a maximum capacity of 20 gigawatt hour (GWh) for its bid in March.<\/p>\n<p>\u201cToday, 90 per cent of global capacity for cell manufacturing is in China. To reverse this import dependency, locally manufactured cell technology is crucial,\u201d said Bhavish Aggarwal, chief executive officer and founder, Ola, adding, \u201cThe advanced chemistry cell PLI scheme will be instrumental in making India self-reliant and localising the most critical aspects of the electric vehicle (EV) value chain.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ola Electric said it has signed an agreement under the Centre\u2019s production-linked incentive (PLI) scheme to manufacture advanced cells in India. SoftBank-backed Ola said it is the only Indian electric mobility company selected by the Government of India under its ambitious Rs 80,000-crore cell PLI scheme, receiving a maximum capacity of 20 gigawatt hour (GWh) for its bid in March. \u201cToday, 90 per cent of global capacity for cell manufacturing is in China. To reverse this import dependency, locally manufactured cell technology is crucial,\u201d said Bhavish Aggarwal, chief executive officer and founder, Ola, adding, \u201cThe advanced chemistry cell PLI scheme [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-509850","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/509850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=509850"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/509850\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=509850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=509850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=509850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}