India, Oct. 16 -- Diversifying beyond its EV business, Ola Electric unveiled its first residential battery energy storage system (BESS) solution, Ola Shakti, today.

Ola Electric said that Ola Shakti will use its proprietary 4680 Bharat Cell battery technology platform produced at its Gigafactory in Tamil Nadu to provide energy solutions for homes, small businesses, and enterprises.

For context, a BESS platform stores electricity in batteries for future use.

"Ola Shakti comes with Time of Day (ToD) charge/ discharge scheduling, intelligent backup prioritisation, remote diagnostics, OTA (Over-the-Air) software updates, expansion capabilities, and online operation mode for continuous energy supply," Ola Electric said in a statement.

The ...