Ola-electric endowed investments in Israeli battery technology company, Store dot
Store dot claims to make extreme fast charging technology (XFC) for e-mobility
This is one of the first of global strategic investments Ola plans to make
Ola will ramp up its research and development in advanced cell chemistry, manufacturing and new energy system
Store dots XFC technology charges battery from 0 to 100% in just 5 minutes
Ola also plans to set up a Gigafactory manufacturing cell to meet demands generated by Ola Future Factory
A bid has been proposed under PIL for Advanced Chemistry Cell Battery Storage