India, Aug. 16 -- With an eye on bolstering its energy solutions business, electric vehicle (EV) maker Ola Electric yesterday announced the launch of three new battery energy storage systems (BESSs).

The new product lineup includes the second generation of its residential battery storage system Ola Shakti, industry-focused BESS called Shakti Rack and Mahashakti that will cater to utility-scale energy storage requirements.

". The product portfolio leverages the company's integrated capabilities across battery cells, battery packs and energy storage systems, further expanding and further strengthens its energy solutions portfolio," Ola Electric informed the exchanges.

For context, a BESS uses rechargeable batteries to store electricity a...