Friday, April 25, 2025

Ola Electric inducts ex- LG Chem Power CEO Prabhakar Patil on Board

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Ola Electric has inducted Prabhakar Patil into its Board, former Chief Executive Officer of LG Chem Power.

“I am thrilled to announce the appointment of Dr. Prabhakar Patil to the Ola Electric board,” Aggarwal said in the blog.

“He is former CEO of LG Chem Power and has tremendous expertise in designing batteries for some of the leading EVs around the world. Patil’s coming on board will accelerate indigenously-designed and manufactured cells to the market.” He said.

Welcoming Dr. Patil onto the Board of Ola Electric Mobility, Bhavish Aggarwal, Founder and CEO, Ola, said, “We are investing deeply in core R&D to create indigenous advanced cell technologies as well as invest into large scale manufacturing of batteries,”

“I look forward to working closely with Dr. Prabhakar, as we deepen our focus and investments into advanced cell research as well as large-scale manufacturing to build the best battery technologies right here in India and create a global EV hub with our Futurefactory at its center.” He added.

He further added, “We have already applied for the government of India’s $2.4bn PLI scheme for developing advanced cells and will set up a cutting-edge cell manufacturing facility with up to 50GWh capacity right here in India. Dr. Prabhakar’s expertise will help us accelerate this process of bringing indigenously designed and manufactured cells to the market.”

“I am delighted to join the Ola team and to do what I can to support their quest to fundamentally transform major segments of India’s electric mobility system to make it sustainable and self-reliant,” Patil said.

Along with Dr. Prabhakar’s experience company has deepened its focus and investments into advanced cell research as well as large-scale manufacturing to build the best battery technologies right here in India and create a global EV hub with our Future factory at its centre.

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Sheenu Pradhan
Sheenu Pradhanhttps://sightsinplus.com/
Sheenu Pradhan, Editor Content, SightsIn Plus. She has over 8 years of experience in human resources. Prior to this, she has been associated with Wictor Chemicals India, Wipro, and Shakti Plas Industry.