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Ola Electric makes strategic investment in StoreDot, an Israeli company with extreme fast charging technology

BENGALURU, India, March 21, 2022 Ola Electric, India's leading manufacturer of EVs, has invested in an Israeli battery technology company StoreDot, a pioneer in batteries with extreme fast charging (XFC) technology. The investment in StoreDot is the first of several global strategic investments planned by Ola Electric as it looks to ramp up its core R&D in advanced cell chemistry & manufacturing as well as other battery technologies and new energy systems.

Ola Electric inducts former LG Chem Power CEO Prabhakar Patil onto its Board

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