on Tuesday said it has developed an in-house Lithium Iron Phosphate (LFP) battery cell in the 46100 cylindrical format and will begin deploying it in its vehicles from the next quarter, as the company sharpens its focus on lowering costs and accelerating EV adoption.
The announcement, made through regulatory filings to stock exchanges, marks a strategic shift from the Nickel Manganese Cobalt (NMC) chemistry currently used in its vehicles to LFP, which is widely seen as safer and more cost-efficient, particularly for high-temperature markets like India.
Chief Financial Officer Deepak Rastogi confirmed the cells are ready for commercial rollout, with Ola building on learnings from its earlier cell programme, where thousands of vehicles powered by its 4680 ‘Bharat Cells’ have already clocked millions of kilometres on Indian roads.
The cells will be manufactured at its Gigafactory, which currently has a capacity of 2.5 GWh and is being scaled up to 6 GWh, according to the filing. This positions the company to benefit from government incentives under the production-linked incentive (PLI) scheme for advanced chemistry cells.
The move also deepens Ola’s vertical integration strategy, with the cells to be manufactured at its Gigafactory, allowing the company to tap incentives under the government’s production-linked incentive (PLI) scheme for advanced chemistry cells.
Analysts say the shift to LFP could help Ola better align with Indian operating conditions, given the chemistry’s higher thermal stability and longer lifecycle, while reducing dependence on imported battery materials.
The development is part of Ola’s broader push to drive what it calls the “end of the ICE age,” anchored around lower upfront costs, service guarantees and buyback programmes aimed at easing consumer adoption barriers.
Beyond mobility, the company is positioning the new cell platform as a building block for its energy storage ambitions, signaling a potential expansion into adjacent battery applications as it scales manufacturing.