-1 C
London
Wednesday, February 8, 2023

Ashok Saraswat, head of Ola Electric’s battery unit, resigns

Must read

Sandy Mahl- Wiki, age, height, net worth, husband, ethnicity

Sandy Mahl is a composer, entrepreneur, and the vice president and co-founder of the Wild Heart Ranch in Rogers County, Oklahoma. Likewise, she...

Applications are now open for the Ocean Impact Accelerator Program 2023

Australian startup accelerator and environmental investor Ocean Impact Organization (OIO) is running its half year again acceleration program for startups working on solutions...

Biden Protests Big Tech in State of the Union Address

The president sought to rally bipartisan support to finally resolve some longstanding privacy, security and competition issues facing the tech industry. During the...

Indian hawk-eyed parents ensure digital well-being of GenZ children, Snapchat research shows

India recorded the highest digital well-being by country at 68, indicating an overall positive social media experience for Generation Zs.India topped the charts due...
Shreya Christinahttps://londonbusinessblog.com
Shreya has been with londonbusinessblog.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider londonbusinessblog.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

There is no stopping senior executives fired at Ola Electric and now, the head of advanced battery engineering, Ashok Saraswatihas gone further.



Saraswat, who has joined SoftBank ola last year, is set to join a company entering the battery sector, The Economic Times reported, citing sources.

When Ola Electric contacted him, he did not comment on the development.

More than half a dozen senior executives have left Ola Electric in recent months, as the Bhavish Aggarwal-run EV maker unveiled plans to develop indigenous cells and batteries in the country.

Last month, Ola Electric announced to invest $500 million to set up its state-of-the-art Battery Innovation Center (BIC) in Bengaluru.

The innovation center will be able to develop complete packages of battery pack design, manufacturing and testing under one roof.

The company had said it will recruit top talent worldwide, including 500 PhDs and engineers who will be supported by “an additional 1,000 researchers in India and multiple other global centers”.

Ola recently unveiled its first Li-ion cell and says it will begin mass production of its cell from its forthcoming Gigafactory by 2023.

However, the top-level layoff at the company continues.

Yashwant Kumar, Senior Director and Business Head for Charging Networks at the company, decided last month to move forward.

Kumar, a B.Tech from the Indian Institute of Technology-Bombay, joined Ola Electric in March last year.

In June, Ranjit Kondeshan, HR Director of Ola Electric, decided to move forward. Nidhi Chaturvedi Jha resigned from Ola Electric as regional head in May and joined Amazon. In April, chief marketing officer Varun Dubey left the company due to “personal reasons”.

Earlier, Dinesh Radhakrishnan, who was the chief technology officer (CTO) at Ola Electric, left the company. According to his LinkedIn profile, he was named CTO at Ola Electric in May last year.

ALSO SEE:

Warren Buffett sells $47 million stake in Chinese EV company BYD

Nokia launches flip phone in India for 4,699 – all details here

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Sandy Mahl- Wiki, age, height, net worth, husband, ethnicity

Sandy Mahl is a composer, entrepreneur, and the vice president and co-founder of the Wild Heart Ranch in Rogers County, Oklahoma. Likewise, she...

Applications are now open for the Ocean Impact Accelerator Program 2023

Australian startup accelerator and environmental investor Ocean Impact Organization (OIO) is running its half year again acceleration program for startups working on solutions...

Biden Protests Big Tech in State of the Union Address

The president sought to rally bipartisan support to finally resolve some longstanding privacy, security and competition issues facing the tech industry. During the...

Indian hawk-eyed parents ensure digital well-being of GenZ children, Snapchat research shows

India recorded the highest digital well-being by country at 68, indicating an overall positive social media experience for Generation Zs.India topped the charts due...