Ola Electric shares surged after the company signed an MoU with Axis Energy to deploy up to 20 GWh of battery energy storage systems by 2032. The partnership is the first major tie-up for Ola Mahashakti, its upcoming energy storage platform set to launch on August 15.

Ola Electric shares surged after the company signed an MoU with Axis Energy to deploy up to 20 GWh of battery energy storage systems by 2032. The partnership is the first major…

Ola Electric has signed an MoU with Axis Energy to explore deploying up to 20 GWh of battery energy storage systems by 2032. The partnership marks the first large-scale commercial…