Ola Electric, known for its range of electric scooters, is expanding its footprint into the clean energy space. With the launch of Ola Shakti, the company enters the Battery Energy Storage System (BESS) market — a key step to complement its EV ecosystem and the broader renewable energy push in India.
News & Announcement: Launch of Shakti
On October 16, 2025, Ola Electric announced the official launch of Ola Shakti, its first residential and commercial energy storage system. The announcement aligns with the company’s vision of building an integrated clean energy platform in India. According to Bhavish Aggarwal, founder and CEO, Shakti is “portable, intelligent, and scalable,” designed to meet both household and small business needs.
BESS (Battery Energy Storage System) & Its Role
The Battery Energy Storage System (BESS) allows users to store excess electricity and use it during power outages or peak demand periods. Ola Shakti’s BESS is built to offer a seamless, inverter-free experience with smart power management.
Key features of the BESS include:
- Instant power switching with zero delay
- Wide voltage handling range (120V–290V)
- High efficiency (up to 98%) with minimal maintenance
- Weatherproof, dust- and water-resistant design
- App connectivity for monitoring and diagnostics
- Smart time-based scheduling and power prioritization
Ola Shakti: Configurations, Prices & Features
Ola Shakti will be available in multiple capacity variants to cater to different user needs — from small households to medium enterprises. The configurations include:
- 1.5 kWh model – ₹29,999
- 3 kWh model – ₹55,999
- 5.2 kWh model – ₹1,19,999
- 9.1 kWh model – ₹1,59,999
Pre-bookings have begun for a token amount of ₹999, and deliveries are expected to start around Makar Sankranti 2026. Ola claims the system can power an entire home setup, including lights, fans, refrigerators, and even air conditioners, depending on configuration.
Highlighted features of Ola Shakti include:
- AI-based power management and optimization
- Instant backup during grid failure
- Expandable modular design for future scaling
- High energy density using Ola’s proprietary cell technology
Ola Electric’s Energy Plans Beyond Mobility
Through the launch of Shakti, Ola Electric is signaling its move into a much larger business space — energy storage. India’s energy storage market is estimated at nearly $30 billion, and Ola Electric plans to leverage its existing cell and battery technology expertise from its EV segment. The company’s Gigafactory in Tamil Nadu will be used to scale production of these BESS units.
Ola’s long-term vision is to combine EVs, batteries, and renewable energy solutions into a complete ecosystem. By addressing one of India’s biggest challenges — reliable and affordable power storage — Ola Electric could position itself as a leader in both mobility and energy infrastructure.
Impact on Ola Share Price & Market Sentiment
The announcement of Ola Shakti has boosted market sentiment around Ola Electric Mobility. Following the launch, Ola Electric’s shares reportedly rose by nearly 5%, touching their upper circuit limit. Investors view the company’s foray into BESS as a diversification move that could drive long-term growth, reduce dependence on EV sales, and improve valuation stability for Ola share price in the coming quarters.
Disclaimer
This article is for informational purposes only. It does not constitute investment, financial, or technical advice. While Ola Shakti marks an innovative entry into the energy storage segment, readers should perform their own research before making investment or business decisions related to Ola Electric or its share price.
Frequently Asked Questions (FAQs)
Q1: What is Ola Shakti?
Ola Shakti is a Battery Energy Storage System (BESS) launched by Ola Electric that stores power for home and business use, ensuring reliable electricity during outages and peak load periods.
Q2: What are the main features of Ola Shakti?
The system offers high efficiency (98%), instant power switching, weatherproof build, smart energy management, and multiple capacity options ranging from 1.5 kWh to 9.1 kWh.
Q3: How will Ola Shakti affect Ola Electric’s business and share price?
The move into the energy storage market diversifies Ola’s portfolio beyond electric scooters. Analysts believe it could strengthen investor confidence and positively influence the Ola Electric mobility share price over time.
