Bengaluru, Aug. 17 -- Ola Electric has expanded beyond electric mobility and home battery storage into commercial, industrial and utility-scale energy storage with the launch of Shakti Rack and Mahashakti, according to a press release filed by the company with the stock exchanges on Monday.

The new products are part of the company's expanded Shakti energy storage portfolio, built around indigenous lithium iron phosphate (LFP) battery technology and its integrated cell-to-system capabilities. Shakti Rack is aimed at commercial and infrastructure applications, while Mahashakti targets industrial and utility-scale energy storage.

"The use cases of our world-class battery and cell technology will manifest beyond electric mobility," said Bha...