Ola Electric Mobility Limited, India’s largest electric vehicle (EV) company in the auto sector, has officially entered the Battery Energy Storage Systems (BESS) market with the launch of its first residential BESS solution, Ola Shakti.
This launch marks the company’s strategic expansion beyond automotive operations into the energy storage domain, aiming to transform how Indian households, farms, and businesses access and manage electricity.
Ola’s entry comes at a pivotal time in India’s BESS market, which is currently valued at ₹1 Lakh Crore and is projected to grow to over ₹3 Lakh Crore by 2030. Bhavish Aggarwal, CMD of Ola Electric, emphasized the significance of this move, stating, “India doesn't face energy shortage; it faces an energy storage opportunity.” He highlighted that Ola Shakti enables energy independence using the company’s proprietary cell technology and nationwide distribution network.
The company expects its annual Gigafactory consumption for BESS to scale up to 5 GWh in the next few years, potentially surpassing its automotive battery usage. The launch is seen as the first step toward larger-scale deployments, extending from residential applications to grid-level energy solutions.
Ola Shakti is India’s first fully domestic residential BESS solution, designed, engineered, and manufactured in-house. It leverages Ola’s 4680 Bharat Cells and Gigafactory infrastructure, allowing rapid scale-up without additional Capex or R&D. The system uses highly durable automotive-grade battery packs, benefiting from Ola’s vertically integrated manufacturing model at the Ola Futurefactory in Tamil Nadu.
Ola Shakti is designed to offer portable, on-demand energy management. Its modular construction allows multi-directional stacking and easy scalability, while its compact design simplifies home installation and maintenance. Key performance and safety features include:
The system offers intelligent energy management with features like real-time control, learning-based consumption optimization, Time of Day (ToD) scheduling, backup prioritization, remote diagnostics, Over-the-Air (OTA) updates, and expansion options. Ola Shakti can power essential household and farm appliances including air conditioners, refrigerators, induction cookers, farm pumps, and communication equipment. Charging can be completed in as fast as 2 hours, with a backup duration of up to 1.5 hours on full load.
Ola Shakti is offered in four configurations at introductory pricing for the first 10,000 units:
| Configuration | Power/Energy Rating | Introductory Price |
| Small | 1 kW / 1.5 kWh | ₹29,999 |
| Medium | 1 kW / 3 kWh | ₹55,999 |
| Large | 3 kW / 5.2 kWh | ₹1,19,999 |
| Extra Large | 6 kW / 9.1 kWh | ₹1,59,999 |
Reservations for Ola Shakti began on October 16, 2025, at ₹999, with deliveries scheduled to start on Makar Sankranti 2026. Purchases can be made via the Ola Electric website and 4,000+ Ola stores across India.
With this launch, Ola Electric positions itself at the forefront of India’s growing energy storage sector, signaling a shift toward integrated energy solutions alongside its EV business.
On Thursday, Ola Electric’s share price rose over 4% following the announcement of its entry into the Battery Energy Storage Systems (BESS) market with the launch of Ola Shakti. As of 10:39 am IST, the stock was trading at ₹55 per share, marking a 4.27% increase.
The stock hit its 5% upper circuit yesterday. On a year-to-date (YTD) basis, Ola’s share price has declined by over 37%, while in the last three months, it has gained more than 28%.
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