# Ola Electric Gigafactory targets drones, defence, energy storage

2026-08-09T05:40:14+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Ola Electric has signed a 20-GWh energy storage memorandum of understanding and disclosed fresh partnerships in the defence and drone cell sectors. The company presented its Tamil Nadu Gigafactory as a multi-market battery platform in its Q1FY27 results, moving beyond its original focus on two-wheelers. The MoU and partnerships signal a strategic pivot for the electric vehicle manufacturer, which built its factory initially to produce scooter batteries. Ola Electric is now pitching itself as a supplier to energy storage, defence, and drone markets.

## Coverage

- ndtvprofit.com <https://www.ndtvprofit.com/markets/ola-electric-q1-earnings-call-this-ev-manufacturing-companys-gigafactory-built-scooters-now-chasing-drones-defence-11883799>
- ndtvprofit.com <https://www.ndtvprofit.com/markets/ola-electric-q1-earnings-call-this-ev-manufacturing-companys-gigafactory-built-scooters-now-chasing-drones-defence-11883799#publisher=newsstand>

Tags: defence, drones, energy storage, Gigafactory, Ola Electric, Tamil Nadu
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