India's Ola Electric may bid for lithium blocks to support battery-making plans

India's Ola Electric may bid for lithium blocks to support battery-making plans

REUTERS/Aditi Shah/Files

SoftBank-backed Indian e-scooter maker Ola Electric is considering bidding for mining rights for lithium blocks being auctioned by the Indian government, sources said, in a move that could boost its EV battery manufacturing plans.