Overview

• Ola Shakti debuts as a residential battery energy storage system with four variants priced at ₹29,999, ₹55,999, ₹1,19,999 and ₹1,59,999.
• Bookings open at ₹999 on Ola’s website and stores, with deliveries targeted around Makar Sankranti 2026.
• The system runs on the 4680 ‘Bharat Cell’ from Ola’s Tamil Nadu Gigafactory, with the company projecting BESS demand of about 5 GWh in the next couple of years.
• Software features include Time-of-Day charge and discharge scheduling, intelligent backup prioritisation, remote diagnostics and OTA updates, with Ola citing efficiency of up to 98% and IP67-rated batteries.
• Shares rose to the upper circuit over two sessions after the launch, as analysts welcomed the opportunity but flagged execution risks tied to delayed EV rollouts, sliding e-scooter share and possible PLI penalties.