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January 20,2026

Ola Electric focuses on BESS business expansion

Ola Electric, led by Bhavish Aggarwal, has cut its 2025-26 revenue guidance by about 25% to ₹3,000–₹3,200 crore due to falling two-wheeler sales, after reporting ₹4,514 crore last year. Its BESS business, Ola Shakti, is expected to contribute ₹1,000 crore in 2026-27, diversifying revenue.

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