Ola Electric targets up to 20 GWh of grid battery storage with Axis Energy by 2032
Ola Electric has signed an MoU with Axis Energy to deploy up to 20 GWh of utility-scale battery energy storage by 2032, marking its planned entry into commercial and grid-scale BESS through its upcoming Mahashakti platform.
Ola Electric signed an MoU with Axis Energy to potentially deploy up to 20 GWh of utility-scale battery storage by 2032, marking its entry into commercial and grid-scale BESS through its forthcoming Mahashakti platform.
Why this matters
The Axis Energy MoU extends Ola Electric beyond EVs into utility-scale storage, following signals on its grid-storage entry and distribution network redesign amid a profitability push.
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