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Energy management

Ola Electric Launches Battery Energy Storage Systems Line 'Ola Shakti'

Strategic Insights

— 1 min read

Ola Electric has ventured into the battery energy storage systems market with its new line 'Ola Shakti', leveraging its existing gigafactory cell technology. The company's founder, Bhavish Aggarwal, foresees the cell consumption from battery products to exceed that of automotive products in the future. Ola Shakti products are powered by the indigenous 4680 Bharat cell, requiring minimal incremental investment. The solutions will offer intelligent and automated control, real-time battery status, and actionable insights to help users save energy and money.

Key Takeaways:

  • Ola Electric's new line 'Ola Shakti' leverages existing cell technology from its gigafactory, minimising incremental investments.
  • The company expects annual gigafactory consumption for battery energy storage solutions to scale up to 5 gigawatt hours within the next couple of years, exceeding automotive consumption.
  • Ola Shakti products will be available at various price points, starting from Rs 29,999 for a 1 kW/1.5 kWh variant.
  • The solutions will be positioned primarily as business-to-consumer (B2C) products, with B2B products being rolled out in the future.
  • Customers can interact with Ola Shakti products, control battery status, and learn usage patterns to optimise energy automatically.
  • The company has introduced four variants of Ola Shakti products, with prices ranging from Rs 29,999 to Rs 1,59,999.
  • Ola Electric anticipates higher profitability from the Ola Shakti product line, likely exceeding that of its automotive products.
  • Deliveries of Ola Shakti products will begin from Makar Sankranti 2026, with maintenance and service provided through Ola Electric's existing service centres.

Statistics:

  • 5 gigawatt hours: expected annual gigafactory consumption for battery energy storage solutions within the next couple of years.
  • Rs 29,999: introductory price of the 1 kW/1.5 kWh Ola Shakti variant.
  • Rs 55,999: price of the 1 kW/3 kWh Ola Shakti variant.
  • Rs 1,19,999: price of the 3 kW/5.2 kWh Ola Shakti variant.
  • Rs 1,59,999: price of the 6 kW/9.1 kWh Ola Shakti variant.

Sources:

  • "Ola Electric Launches Battery Energy Storage Systems Line 'Ola Shakti' - Yourstory Media Private Limited" [Copyright 2025 Yourstory Media Private Limited, distributed by Contify.com]

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