Energy & Mobility
Ola Electric Unveils Three New Battery Energy Storage Products In Shakti Portfolio
Ola Electric announced the launch of three new battery energy storage products, expanding beyond scooters into a three-tier Shakti portfolio spanning homes, commercial facilities, and grid-scale energy storage, per Inc42 and ET Tech. For energy storage builders, Ola's vertical integration signals a new category: EV makers moving upstream into the energy layer. Builders should focus on software (battery management, grid optimization) rather than hardware—margins are higher and defensibility is stronger against commodity battery competition.
Source: ET Tech ↗
🎧 This story is in the 16 August 2026 episode — Arjun & Meera