More details are expected when Ola Electrics Bhavish Aggarwal unveils the company's plans on October 17.
Ola Electric is reportedly planning to enter into the energy storage market. It is projected to expand by USD 30 billion by 2030, according to a PTI report citing sources.
Company Chairman and Managing Director Bhavish Aggarwal has hinted at a major announcement on October 17. It suggests Ola Electric’s possible entry into this new segment.
In a post on social media, Aggarwal stated that India’s power landscape is evolving “from utility to deep tech, intelligent, portable, and personal,” it indirectly indicates the company’s plan to expand beyond its core electric vehicle business.
Ola Electric To Enter In BESS Market?
Media reports speculate the announcement could involve Battery