Ola Electric Head of Research and Development Rajesh Mekkat said the 4680 Bharat cell comes with over 15 years of battery life, 5X the capacity of the competition and provides 80% charging within 15 minutes.
The current generation of cells offered by the competition takes 30 minutes to charge 50% of the battery, he claimed.
The company plans to use the Bharat cell range across all its products gradually, he said.
A new scooter, the Ola Pro Sport scooter equipped with the Bharat Cell, was also unveiled by Agarwal on the occasion.
He also launched the Ferrite Motor technology, an alternative to rare earth magnets, used in the development of electric vehicles.
India needs to leapfrog to the next generation, as these rare earth magnets are coming from ‘very few nations’, he noted.
Ola Electric’s Head of Vehicle Engineering, Samraj Dhinakar, said ferrite motors would become an alternative technology for rare earth magnets in the future.
Declining to reveal investments that went into the development of the Ferrite Motor at the factory, Aggarwal said vehicles equipped with this new technology would be rolled out in the third quarter of the current financial year. Subsequently, the use of rare earth magnets would be avoided.
The occasion also witnessed the launch of AI-enabled MoveOS6 software, which is incorporated in the electric vehicles.
Ola Electric’s Head of Software Engineering, Anirbhan Das, said the MoveOS6 software can tell how a customer can improve the battery life of an electric scooter or motorcycle and provides a voice assistant feature, among others.