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Bhavish Aggarwal-led Ola Electric has dismissed recent media reports suggesting its involvement in a technology leak related to battery cell designs, calling the allegations “misleading and completely baseless.”

In a statement issued on Saturday, the electric vehicle maker said the claims—originating from a South Korean publication—were part of an attempt by a foreign competitor to discredit India’s growing battery technology ecosystem.

According to the report cited by Ola, a former LG Energy Solution executive allegedly tried to share pouch cell technology with the company. Ola Electric clarified that it has no connection with the said executive and that pouch cell technology is “dated and not even an area of research or comme

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