iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Ola Electric Expands into Clean Energy with Launch of "Ola Shakti"

16 Oct 2025 , 12:02 PM

Ola Electric, on October 16, announced its entry into the battery energy storage systems (BESS) space. Bhavish Aggarwal-led company launched ‘Ola Shakti’. It will be a portable power solution for homes, farms, and small businesses. The device can run essential appliances like air conditioners, refrigerators, and water pumps, offering reliable backup power when needed.

The launch marks Ola’s expansion beyond electric mobility into the clean energy sector. “We named it Ola Electric because our long-term vision has always been to build the complete energy ecosystem. Ola Shakti is our grid-supporting solution that provides power backup, solar storage, voltage stability, and portable energy,” said Bhavish Aggarwal, founder and CEO of Ola Electric.

The device will be available in four configurations. These will include 1.5 kWh, 3 kWh, 5.2 kWh, and 9.1 kWh. They will be priced at ₹29,999, ₹55,999, ₹1,19,999, and ₹1,59,999 respectively for the first 10,000 units. Pre-bookings are open for ₹999, with deliveries starting by Makar Sankranti 2026.

According to Aggarwal, Ola Shakti will redefine how Indians access and manage electricity, making energy portable and on-demand. The company expects its annual BESS capacity usage to reach 5 GWh within the next few years.

According to Ola Electric, Ola Shakti features instant power changeover, IP67 weatherproof batteries, and real-time performance tracking through a mobile app. It can provide up to 1.5 hours of full-load backup, supporting critical appliances and machinery.

Ola plans to leverage its existing gigafactory, 4680 cell technology, and pan-India service network to scale up its BESS operations without additional investments. The company will first target the B2C (consumer) segment, while a B2B (business) version, designed as a container grid product, is also under development.

“The home energy market is expanding rapidly, and Ola Shakti can also support small businesses and communities. By stacking multiple units, users can achieve up to 27 kWh of storage capacity, enough to power an entire locality,” Aggarwal added.

Related Tags

  • OLA
  • ola electric
  • ola energy
  • ola shakti
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Most Read News

Midwest Limited IPO
16 Oct 2025|10:53 AM
Canara HSBC Life Insurance Company Limited
10 Oct 2025|03:16 PM
Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016, BSE Enlistment Number (RA): 5016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.