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Ola Electric to produce domestic lithium-ion cells by 2023, targets initial plant capacity of 5GW

Ola Electric will become cash positive next year, according to founder Bhavish Aggarwal, who also stated that ANI Technologies' ride-hailing business, Ola Cabs, will go public in the second half of 2023.

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Ola Electric Plant

Ola Electric to produce domestic lithium-ion cells by 2023, targets initial plant capacity of 5GW