Ola Electric Issues Clarification on Media Reports About Battery Tech Leak
Ola Electric has issued a clarification denying recent media reports that linked the company to a technology leak involving a former LG Energy Solution executive. The company stated that the claims are inaccurate and unrelated to its ongoing work on the 4680 Bharat Cell.
Ola Electric Issues Clarification on Media Reports About Battery Tech Leak
In a recent regulatory filing, Ola Electric Mobility Limited addressed reports published in South Korean and Indian media suggesting that a former LG Energy Solution researcher shared battery technology information with Ola Electric.
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The company described these claims as "misleading and baseless." Ola Electric said "The media reports alleging technology intrigue involving Ola Electric, casting unfounded aspersions on the company's world-class battery innovation capabilities, are misleading and completely baseless."
Focus on 4680 Bharat Cell
Ola Electric clarified that its work is centered on the 4680 Bharat Cell, a cylindrical-format battery based on dry electrode technology. The company said this cell type has now entered commercial production and is part of its strategy to develop indigenous energy solutions. It added that the Bharat Cell directly competes with global manufacturers, including South Korean battery makers.
Response to Rival Claims
According to Ola Electric, the timing of the media reports coincides with the start of Bharat Cell production. The company suggested that such reports may have emerged due to competitive tensions in the battery market, where foreign rivals could lose domestic contracts to Indian manufacturers.
Patent and Infrastructure Details
Ola Electric said it has filed 720 patents, with 124 already granted and operates a Battery Innovation Centre in Bengaluru employing more than 250 specialists. It also runs India’s first operational Gigafactory, built with an investment of around Rs 2,500 crore.
Ola Electric has recently received certification from the Automotive Research Association of India (ARAI) for its 5.2 kWh battery pack built with in-house 4680 Bharat Cells. The approval, under the latest AIS-156 Amendment 4 standards, follows tests for electrical safety, vibration, water immersion, and thermal performance. The development supports Ola’s plan to localise cell production and reduce import dependence.
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