Ola Electric has achieved a significant milestone with the rollout of its first residential energy storage system from its manufacturing facility in Tamil Nadu. The company has successfully produced the inaugural unit of 'Shakti', marking its entry into the home energy storage market.

Product Launch Details

The energy storage system has been manufactured at Ola Electric's Gigafactory located in Krishnagiri, Tamil Nadu. This facility serves as the production hub for the company's latest venture into residential energy solutions.

Market Positioning

The launch of Shakti represents India's first fully made-in-India home energy storage system. This positioning emphasizes the domestic manufacturing approach and highlights the company's contribution to the country's energy independence initiatives.

Manufacturing Milestone

The successful rollout from the Krishnagiri Gigafactory demonstrates Ola Electric's manufacturing capabilities beyond electric vehicles. The facility's role in producing this energy storage solution showcases the company's diversification into the broader energy ecosystem.

This development marks Ola Electric's expansion into residential energy storage, complementing its existing electric vehicle portfolio with home energy solutions manufactured entirely within India.

Ola Electric Mobility has announced the rollout of its first residential battery energy storage system (BESS), branded as 'Ola शक्ति', from its Gigafactory in Krishnagiri, Tamil Nadu. This development marks the company's strategic expansion beyond the automotive sector and represents efforts to scale up its indigenous 4680 Bharat Cell platform.

Product Features and Technology

Powered by Ola's domestically developed 4680 Bharat Cells, Ola शक्ति is positioned as India's first residential BESS that is fully designed, engineered, and manufactured within the country. The system targets households, farms, and small businesses as a portable, on-demand energy storage solution.

The system offers automotive-grade safety features and serves as an alternative to conventional lead-acid inverters and diesel generators. It includes IP67-rated, spill-proof batteries designed to withstand dust, water, and monsoon conditions.

Digital Integration and Smart Features

Ola शक्ति incorporates digital features that enable users to monitor battery status and energy flow in real time. The system is designed to analyze usage patterns and provide insights aimed at improving energy efficiency and reducing costs for consumers.

Available Configurations

The residential battery system will be available in four distinct configurations to meet varying energy requirements:

Depending on the configuration, the system can power various appliances including air conditioners, refrigerators, induction cookers, farm pumps, and communication equipment.

Market Positioning and Availability

A spokesperson for Ola Electric stated that the launch represents a significant step in the company's broader energy ambitions, with Ola शक्ति designed to make energy storage more accessible and reliable for Indian consumers. The company emphasized its focus on innovation and technological self-reliance in the energy storage segment.

Reservations for Ola शक्ति are currently open on the Ola Electric website with a booking amount of ₹999. Shares of Ola Electric Mobility Limited were trading at ₹39.49 on the exchanges, down marginally by ₹0.01, representing a decline of 0.03%.