Lead Story
Aug 7, 2026
Ola Electric enters India's utility-scale BESS market with 20GWh MoU, vertical integration
Ola Electric has signed a 20GWh MoU with Axis Energy Ventures to deploy battery energy storage systems in India by 2032, leveraging its first-mover cell-to-pack manufacturing capability. The move marks the EV maker's entry into utility-scale storage with a vertically integrated model.
Priya Sharma