Ola working on solid-state batteries, CEO says okay with govt tapering off EV subsidies
Ola Electric is working on building solid-state batteries, the chief executive officer of the SoftBank Group-backed electric scooter maker said on Saturday.
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Ola CEO Bhavish Aggarwal said the company is in very early stages of experimentation on solid state batteries.
Solid-state batteries hold the promise of more energy storage, longer driving ranges and faster charging for next-generation electric vehicles.
Several companies around the world are working to develop these kind of batteries.
Japan's Toyota Motor earlier this year said that within a couple of years it will launch vehicles with solid-state batteries that charge faster and last longer.
Nissan plans to launch an EV a pure solid-state battery developed in-house by its fiscal year 2028.
Honda plans to launch a solid-state battery test line in 2024, aiming to use the batteries in models in the latter part of this decade. It also invested in SES AI to jointly develop semi-solid state batteries.
China's CATL, one of the world's biggest battery producers, last year unveiled a condensed matter battery, a type of semi-solid-state battery it said could supply enough energy to power electric passenger aircraft. It had said it could start mass production of the batteries for EVs later in 2023, though hasn't provided an update on this.
Chinese EV maker Nio has commercialized 150 kilowatt hour (kWh)
