Ola Electric, once synonymous with India’s booming electric scooter market, is undergoing a strategic transformation that could redefine its role in the country’s clean mobility and energy landscape.

While its two-wheeler business has reached a critical milestone by turning EBITDA positive in Q2 FY26, the company’s future ambitions stretch far beyond scooters — into battery manufacturing, energy storage, and grid-level infrastructure.

Ola Electric has done very well…