Ola Electric, Axis Energy target up to 20 GWh battery storage deployment by 2032
Ola Electric has signed an MoU with Axis Energy to explore deploying up to 20 GWh of battery energy storage by 2032, creating a commercial, industrial and utility-scale use case for its Mahashakti platform ahead of its planned August 15 launch.
Ola Electric signed an MoU with Axis Energy to potentially deploy up to 20 GWh of battery storage by 2032, validating its upcoming Mahashakti platform for commercial, industrial and utility-scale Indian energy applications.
Why this matters
The Axis Energy MoU follows recent signals that Ola Electric is targeting up to 20 GWh of storage deployment and has signed its first Mahashakti battery-storage MoU, extending the platform beyond vehicle batteries.
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