Ola Electric targets up to 20 GWh of storage deployment with Axis Energy
Ola Electric has signed an MoU with Axis Energy to deploy up to 20 GWh of battery energy-storage systems by 2032, marking the first large-scale tie-up for its forthcoming Mahashakti platform and extending the company beyond electric two-wheelers.
Ola Electric signed an MoU with Axis Energy to deploy up to 20 GWh of battery storage by 2032, marking the first large-scale partnership for its forthcoming Mahashakti energy-storage platform and expanding beyond electric two-wheelers.
Why this matters
The Axis Energy agreement follows Ola Electric's first Ola Mahashakti battery-storage MoU for 20 GWh deployment, reinforcing the company's expansion beyond electric two-wheelers.
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