New Launch17 Aug 2026, 12:14 pm
Ola Electric Launches Energy Storage Portfolio: Shakti & Mahashakti
AI Summary
Ola Electric Mobility Limited has announced a significant expansion into the energy storage sector with the launch of its 'Ola Shakti' portfolio. This new range includes solutions for residential, commercial, industrial, and utility-scale applications, leveraging the company's indigenous LFP battery technology and Gigafactory capabilities. The portfolio comprises Shakti Gen2 for homes, Shakti Rack for commercial and infrastructure, and Mahashakti for industrial and utility-scale needs. Reservations for the Shakti Gen2 residential unit are now open, with deliveries starting in November 2026. The company also announced an MoU with Axis Energy for up to 20 GWh of battery energy storage systems.
Key Highlights
- Ola Electric enters energy storage market with Shakti and Mahashakti product lines.
- Portfolio spans residential, commercial, industrial, and utility-scale applications.
- Shakti Gen2 residential units priced from ₹99,999, deliveries from Nov 2026.
- MoU signed with Axis Energy for up to 20 GWh of battery storage systems.
- Leverages indigenous LFP cells and Gigafactory for vertical integration.
Price Impact
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