Ola Electric Launches Ola Shakti Residential Battery System Amid EV Cell Production Delays

Ola Electric Mobility Ltd. has entered India’s battery-storage ecosystem with its first non-automotive product, Ola Shakti, even as its electric two-wheeler sales decline and cell manufacturing plans face delays. The new offering leverages the company’s 4680 Bharat Cell produced at the Ola Gigafactory in Tamil Nadu.

Ola Shakti: Transforming Energy Storage in India

According to Ola Electric, India does not face an energy shortage but rather an energy storage opportunity. Bhavish Aggarwal, chairman and managing director, stated, “With Ola Shakti, we are turning that opportunity into energy independence.”

Ola Shakti is designed to power households and small businesses, offering reliable backup and fast charging capabilities.

Product Configurations and Pricing

Ola Shakti will be available in four configurations to cater to different energy needs:

• 1kW/1.5kWh at ₹29,999

• 1kW/3kWh at ₹55,999

• 3kW/5.2kWh at ₹1,19,999

• 6kW/9.1kWh at ₹1,59,999

These configurations are designed to provide scalable energy storage solutions, from basic household appliances to higher-load equipment.

Capabilities and Applications

Ola Shakti can power essential appliances and equipment, including:

• Air conditioners

• Refrigerators

• Induction cookers

• Farm pumps

• Communication devices

The system offers charging times as fast as two hours and provides backup capacity of up to 1.5 hours at full load, ensuring reliability during power outages.

Strategic Advantage for Rapid Scaling

Ola Electric highlighted that it can scale the Ola Shakti business with zero incremental capex or R&D spends, thanks to:

• Existing 4680 Bharat Cell production at its Tamil Nadu Gigafactory

• An established two-wheeler sales network across India

This approach allows Ola to leverage its infrastructure and reach while entering the residential energy storage market efficiently.

Purchase and Delivery Details

Reservations for Ola Shakti start immediately at ₹999. Customers can place orders through the Ola Electric website or visit Ola stores nationwide.

The company has announced that deliveries will begin on Makar Sankranti 2026, enabling early adopters to secure the product well ahead of the peak energy demand season in India.

Market Context and Strategic Implications

Ola’s launch of Ola Shakti comes at a challenging time:

• Cell manufacturing plans for EVs have stalled

• Electric two-wheeler sales have declined

By pivoting to residential energy storage, Ola aims to diversify revenue streams while capitalizing on the growing demand for battery-backed energy solutions in India.

The move also strengthens Ola’s position in the energy ecosystem, enabling the company to leverage its technology, manufacturing capabilities, and distribution network beyond mobility.

Conclusion

Ola Electric’s Ola Shakti marks the company’s first step into non-automotive energy solutions, offering scalable battery storage for households and businesses. With fast charging, multiple configurations, and widespread availability, the system aims to enhance energy independence in India while leveraging existing infrastructure for rapid market penetration.