Ola Electric To Establish World's Largest R&D Facility In Bengaluru

Bhavish Aggarwal, CEO of Ola Electric, said on Twitter that the EV startup is developing one of the world's largest state-of-the-art Battery Innovation Center (BIC) in Bengaluru. With a $500 million investment, the company's R&D facility will employ over 500 engineers and PhDs and will be operational by next month. It will contain Physical Characteristics Lab and X-Ray Photoelectron Spectroscopy Machine (XPS) to perform checks on raw materials.