Overview
- Reports from South Korea claimed an unnamed former LG Energy Solution executive attempted to pass pouch‑cell IP to Ola, with an LG official quoted saying authorities were alerted.
- Ola called the allegations misleading and baseless and said it has no connection to the former LG executive referenced in the reports.
- The company says the 4680 Bharat Cell has entered commercial production and is positioned as India’s first indigenous large‑format cell.
- Ola describes its cell as based on advanced dry‑electrode technology in a cylindrical form factor and says pouch technology is dated and not an area of interest.
- The firm highlights 720 patent filings with 124 granted, a Bengaluru Battery Innovation Centre with 250+ specialists, and an operational gigafactory built with about ₹2,500 crore, while alleging a foreign rival orchestrated the leak to protect market share.