Ola Electric likely to foray into India's USD 30 bn BESS mkt
Business 14 Oct, 2025

Ola Electric likely to foray into India's USD 30 bn BESS mkt

Business To Business, New Delhi, 14 October 2025: Sources indicate that Ola Electric is poised to enter the energy storage market, which is projected to surpass USD 30 billion by 2030.
 
Ola Electric Chairman and Managing Director Bhavish Aggarwal has hinted at a significant announcement scheduled for October 17, suggesting the company's entry into this sector.
 
In a tweet, Aggarwal mentioned that power in India is evolving "from utility to deep tech - intelligent, portable, and personal," hinting at a strategic shift beyond Ola Electric’s core electric vehicle business toward innovative energy solutions.

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