Ola’s New Shakti Bet But What Is Happening To The Business That Made Ola What It Is? Can It Fix A Business Still Deep In Losses?

Ola Electric is expanding beyond electric vehicles and into energy storage, unveiling a three-tier Shakti portfolio aimed at homes, businesses and large-scale power applications. The company has introduced Shakti Gen2 for residential users, Shakti Rack for commercial facilities and Mahashakti for large-scale energy storage. The portfolio will span systems ranging from kilowatt-hour-scale home batteries to ...