Ola Electric launches its in-house designed 4680 battery cells, testing them in two-wheelers, and prepares to produce 10,000 cells daily in Tamil Nadu by 2025.
Ola Electric is poised to revolutionise the electric vehicle (EV) industry by introducing its cutting-edge 4680 battery cells. Currently undergoing trials in Ola Electric’s two-wheelers, its subsidiary develops these batteries internally.
The 4680 battery’s larger cylindrical design significantly enhances energy density and output compared to the current 2170 cells. It promises over 20% more mileage and range due to its improved energy storage and heat management capabilities.
Ola Electric estimates a reduction from 110 to just 40 cells per battery pack for their 4 kWh electric scooters, resulting in lower costs, fewer failure points, and increased efficiency from lighter batteries. This advancement positions Ola Electric among the forefront of EV manufacturers pioneering the next generation of battery technology.
Ola Electric Mobility is gearing up for a significant expansion in the electric vehicle (EV) sector, utilising its indigenously developed batteries manufactured at the Tamil Nadu plant for internal use. With a current production rate of 10,000 cells per day, the company has filed over 200 patents for its innovative battery technology.
By mid-2025, Ola anticipates producing 5.45 million cells annually, equivalent to 6.4 gigawatt-hours (GWh). The demand is substantial, with plans to accommodate monthly sales of 100,000 EVs, requiring approximately 4 million cells per month. In preparation for this growth, Ola has secured approval for a 20 GWh capacity plant under a production-linked incentive scheme.
Several global automotive giants are adopting the cutting-edge 4680 battery technology, spearheaded by Tesla’s pioneering efforts in 2021 with its Model Y and Cybertruck. Joining Tesla are prominent players like BMW, General Motors, Stellantis, and several Chinese automakers, all integrating these advanced batteries into their electric vehicle lineups.
In the two-wheeler sector, VinFast has announced plans to produce Tesla-like 4680 batteries in partnership with StoreDot by 2025, while India prepares to join China, Japan, South Korea, and the US as a leader in this technology.
LG Energy Solution has commenced mass production for Tesla, and competitors like Samsung SDI Co., SK on Co., and Panasonic are actively developing their versions of the 4680 battery, aiming to capitalise on its enhanced performance and range capabilities. CATL has already begun mass-producing the 4680 battery in China, solidifying its position as the world’s largest battery maker and setting new standards with over 1,000 kilometres of range per charge.