Hyun Shik Park, with over 36 years at LG, leads Ola Electric's Gigafactory operations.He earned Rs 8.
The company reported consolidated revenue of Rs 2,782 crore for the financial year ending March 2023, a nearly 510 per cent increase, despite a net loss of Rs 1,472 crore.
The facility aims to expand to 100 GWh in phases, with an initial investment of over Rs 800 crore (approximately $100 million) in the project's first phase, under Park's leadership.“The cell is the core of the EV in terms of cost, contributing to one-third of the total cost of any typical EV.
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