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Ola Electric denies stealing battery tech from LG, calling claims baseless and emphasizing its own indigenous innovation.
Ola Electric denies allegations it stole battery technology from LG Energy Solution, calling the claims "misleading and baseless."
The company asserts its 4680 Bharat Cell, developed using dry electrode processes and cylindrical cell design, is an indigenous innovation.
Ola emphasizes its Gigafactory in Bengaluru, 720 patents, and focus on advanced battery tech, rejecting any link to LG’s pouch cell technology.
The denial comes amid scrutiny ahead of its IPO and follows a Moody’s downgrade of its parent company.
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Ola Electric niega haber robado tecnología de baterías de LG, calificando las afirmaciones de infundadas y haciendo hincapié en su propia innovación indígena.