Ola Electric refutes LG Energy’s tech leak allegation, says its cells are more advanced

Ola Electric issued a statement on Sunday refuting recent media reports alleging the company had acquired foreign knowhow pertaining to battery technology through less-than-kosher means.

The statement addressed a South Korean news outlet’s report about an unnamed former LG Energy Solution executive allegedly attempting to pass on pouch cell technology intellectual property to Ola Electric.

Ola dismissed the reports as “misleading and baseless”, stating the company has no research or commercial interest in the dated technology. It also added that…