Ola Electric considers bid for lithium mining rights in a move to boost EV battery manufacturing plans: Reports
As part of plans to secure supplies of minerals such as lithium - a raw material used to make electric vehicle batteries - Prime Minister Narendra Modi's government late last year launched the first part of its critical minerals auctions.
Lithium is important for Ola, as it plans to locally produce lithium-ion batteries used in electric vehicles. Image Courtesy: Reuters.