💨 Abstract

Indian electric vehicle company Ola Electric has missed a key milestone in setting up its planned battery "gigafactory" under the government's production-linked incentive scheme, as per a letter received from the federal government on Tuesday. Ola Electric, which was selected in 2022, has been asked to set up a 20 gigawatts local battery manufacturing facility in Tamil Nadu within two years.

Courtesy: theprint.in

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