Ola Electric shares hit 5% upper circuit on foray into energy storage biz with Ola Shakti

Ola Electric shares hit a 5% upper circuit after the company announced its entry into the energy storage market with “Ola Shakti,” a residential battery energy storage system. The innovation, built on indigenous 4680 Bharat Cells, marks Olas expansion beyond EVs into clean energy, targeting homes and small businesses.