Ola Electric Expands into Utility-Scale Energy Storage, Signs MoU with Axis Energy

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Business

5 August 2026 at 3:50 pm

Ola Electric Expands into Utility-Scale Energy Storage, Signs MoU with Axis Energy

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Summary

Ola Electric has signed an MoU with Axis Energy to deploy up to 20 GWh of battery energy storage systems by 2032, marking its entry into utility-scale energy storage.

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