Ola Electric has taken its next big step beyond electric scooters. On Thursday, the company announced its entry into India’s battery energy storage systems (BESS) market, which is already worth around ₹1 trillion. To mark this debut, Ola has launched its first residential energy solution called Ola Shakti.
From Scooters to Homes
This move is seen as a natural extension of Ola’s journey so far. After building its expertise in batteries and cells for electric mobility, the company is now bringing the same technology to Indian homes. Ola plans to use its 4680 cell technology, its Gigafactory, and its existing nationwide network to scale the product quickly, without making huge new investments.
Why This Matters
India’s energy storage market is expected to grow rapidly, possibly crossing ₹3 trillion by 2030. Ola believes that its own demand for residential energy storage could reach 5 GWh annually in the near future.
Ola’s Chairman and MD, Bhavish Aggarwal, said that India doesn’t have an energy shortage, but an “energy storage opportunity.” With Ola Shakti, he hopes to turn that opportunity into real energy independence for Indian households.
What is Ola Shakti?
Ola Shakti is being promoted as India’s first fully homegrown residential energy storage system – designed, engineered, and manufactured locally. It uses the advanced 4680 Bharat Cell and automotive-grade battery packs for performance and safety.
Key Features
Here are some of the highlights that set Ola Shakti apart from traditional inverters and backup systems:
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Instant Power Switching – Provides backup in 0 milliseconds, protecting appliances from sudden power cuts.
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Smart Energy Management – Monitors usage and helps optimize consumption.
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Wide Voltage Protection – Works across 120V–290V, keeping devices safe from fluctuations.
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High Efficiency – Up to 98% efficiency, with no running or maintenance costs.
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Durable Design – Batteries are IP67-rated, meaning they’re dust and water resistant.
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Advanced Functions – Includes time-of-day charging, smart backup prioritization, remote diagnostics, and over-the-air software updates.
Pricing and Availability
Ola Shakti will be sold in four configurations:
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1.5 kWh – ₹29,999
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3 kWh – ₹55,999
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5.2 kWh – ₹1,19,999
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9.1 kWh – ₹1,59,999
The introductory prices are valid for the first 10,000 units. Reservations have already opened for ₹999, and deliveries will start from Makar Sankranti next year.
