Ola Electric Mobility has sanctioned an investment of Rs. 2,000 crore (US$ 214 million) into its subsidiaries dedicated to electric vehicle (EV) and battery cell production, as the firm aims to enhance localisation and increase vertical integration throughout its activities. The funding, approved by the company’s board, will be allocated to Ola Cell Technologies and Ola Electric Technologies over a timeline concluding in May 2027. The initiative seeks to boost manufacturing efficiency, lessen reliance on external suppliers, and enhance cost competitiveness in India's swiftly changing EV market. As per company reports, the subsidiaries will still be entirely owned by Ola Electric following the capital injection. The recent investment occurs as competition intensifies in the electric two-wheeler market, where established firms like Ather Energy, Bajaj Auto, and TVS Motor have grown their market reach. Ola Electric has placed greater emphasis on battery technology and domestic cell production as a key aspect of its strategy for long-term profitability. Reports suggest that the firm has already put in approximately Rs. 5,300 Crore (US$ 566 million) allocated to manufacturing, battery technology, cells, and R&D projects. The company is also increasing production capacity at its lithium-ion cell manufacturing plant in Tamil Nadu, while maintaining efforts to automate processes and introduce more cost-effective electric mobility products for the Indian market.