Ola Electric Enters ₹1 Lakh Crore BESS Market with Ola शक्ति Launch

1 min read     Updated on 16 Oct 2025, 10:28 AM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Ola Electric has entered the ₹1 lakh crore Battery Energy Storage System (BESS) market with 'Ola शक्ति', India's first domestically designed and manufactured residential BESS. The system, powered by Ola's 4680 Bharat Cells, is available in four configurations ranging from 1.5 kWh to 9.1 kWh, with introductory prices starting at ₹29,999. Ola शक्ति offers up to 98% efficiency, automotive-grade safety, and smart features. Reservations start at ₹999, with deliveries scheduled for Makar Sankranti 2026.

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*this image is generated using AI for illustrative purposes only.

Ola Electric Mobility , India's largest EV company, has made a significant move beyond the automotive sector with the launch of Ola शक्ति, its first residential Battery Energy Storage System (BESS). This strategic entry into the ₹1 lakh crore BESS market marks a pivotal moment for the company and the Indian energy storage landscape.

Key Highlights of Ola शक्ति

  • Market Potential: The BESS market in India is projected to grow from ₹1 lakh crore to over ₹3 lakh crore by 2030.
  • Production Scale: Ola Electric anticipates its annual Gigafactory consumption for BESS to reach 5 GWh in the coming years, potentially surpassing its automotive consumption.
  • Indigenous Technology: Ola शक्ति is India's first fully domestically designed, engineered, and manufactured residential BESS, powered by Ola's indigenous 4680 Bharat Cells.
  • Rapid Scalability: The system leverages Ola's existing 4680 cell technology, Gigafactory infrastructure, and distribution network, enabling quick scaling without additional capital expenditure or R&D investment.

Product Specifications and Pricing

Ola शक्ति is available in four configurations:

Configuration Capacity Introductory Price
1kW 1.5 kWh ₹29,999
1kW 3 kWh ₹55,999
3kW 5.2 kWh ₹1,19,999
6kW 9.1 kWh ₹1,59,999

These introductory prices are applicable for the first 10,000 units.

Features and Benefits

  • Efficiency: Up to 98% efficiency with zero running and maintenance costs.
  • Safety: Automotive-grade safety standards.
  • Versatility: Can power various appliances including air conditioners, refrigerators, and induction cookers.
  • Quick Response: Instant 0 ms changeover time.
  • Durability: IP67-rated weatherproof batteries tested for harsh environmental conditions.
  • Smart Technology: Includes features like Time of Day scheduling, intelligent backup prioritization, and remote diagnostics.

Market Availability

Reservations for Ola शक्ति start at ₹999, with deliveries scheduled to begin on Makar Sankranti 2026. The product will be available through the Ola Electric website and Ola stores.

Bhavish Aggarwal, CMD of Ola Electric, emphasized the significance of this launch, stating, "India doesn't face energy shortage; it faces an energy storage opportunity. With Ola शक्ति, we are turning that opportunity into energy independence."

This move by Ola Electric represents a significant step in addressing India's energy storage needs and could potentially reshape the country's approach to clean energy utilization in residential and commercial settings.

As the company expands beyond electric vehicles, it will be interesting to observe how Ola Electric leverages its technology and manufacturing capabilities to compete in this rapidly growing market segment.

Historical Stock Returns for Ola Electric Mobility

1 Day5 Days1 Month6 Months1 Year5 Years
-0.06%-3.76%-8.48%+1.43%-34.81%-41.56%
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Ola Electric Set to Unveil New Energy Product on October 17

1 min read     Updated on 14 Oct 2025, 05:12 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Ola Electric Mobility Limited, India's largest pure-play EV company, has announced the launch of a new product in the energy space on October 17, 2025. The unveiling will be premiered on the company's official social media handles. Ola Electric has notified both NSE (OLAELEC) and BSE (544225) stock exchanges about this event. The company will provide more information on its investor relations website.

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*this image is generated using AI for illustrative purposes only.

Ola Electric Mobility Limited , India's largest pure-play electric vehicle (EV) company, is gearing up to launch a new product in the energy space. The company announced that the unveiling will take place on October 17, 2025, through a premiere on its official social media handles.

Key Details of the Announcement

Aspect Details
Company Ola Electric Mobility Limited
Event New product launch in energy space
Launch Date October 17, 2025
Launch Platform Official social media handles
Stock Exchanges Notified NSE and BSE
NSE Scrip Symbol OLAELEC
BSE Scrip Code 544225

Company Background

Ola Electric Mobility Limited, formerly known as Ola Electric Mobility Private Limited, is a key player in India's EV market. The company's registered office is located in Bengaluru, Karnataka.

Investor Relations

Ola Electric has stated that this announcement will be made available on the company's website. Investors and interested parties can access more information about this upcoming launch through the investor relations section of the Ola Electric website at https://www.olaelectric.com/investor-relations/announcements .

While specific details about the new energy product remain undisclosed, this move signals Ola Electric's continued efforts to expand its footprint in the energy sector, potentially complementing its existing EV offerings.

As the launch date approaches, market watchers and EV enthusiasts will be keenly awaiting more information about this new product and its potential impact on Ola Electric's market position in the rapidly evolving energy and electric mobility landscape.

Historical Stock Returns for Ola Electric Mobility

1 Day5 Days1 Month6 Months1 Year5 Years
-0.06%-3.76%-8.48%+1.43%-34.81%-41.56%
Ola Electric Mobility
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