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Powered by Ola's indigenous 4680 Bharat Cells, Ola Shakti is India’s first fully designed and manufactured residential BESS, aimed at homes, farms, and small businesses. The system offers configurations from 1.5 kWh to 9.1 kWh, priced between Rs 29,999 and Rs 1,59,999 for the first 10,000 units.
Reservations for Ola Shakti opened today at Rs 999, with deliveries starting from Makar Sankranti 2026. The company said the product combines intelligent energy management, AI-based optimization, and automotive-grade safety, reflecting its core technology DNA.
Bhavish Aggarwal, chairman and managing director, said Ola Shakti marks a step toward energy independence and leverages the company’s Gigafactory infrastructure and nationwide network for rapid scaling without additional investment.
Ola Electric Mobility is a leading Indian electric vehicle (EV) manufacturer engaged in the integrated development of EV technology and components, including battery cells. Its manufacturing facility, the Ola Futurefactory in Tamil Nadu, produces EVs and key components and is positioned as one of India’s major EV hubs.
The company’s consolidated net loss narrowed to Rs 428 crore in Q1 FY26 as against net loss of Rs 870 crore in Q4 FY25. Revenue from operations jumped 35.52% QoQ to Rs 828 crore in Q1 FY26.
The launch event will be streamed on the company’s official digital platforms, with more details available on its investor relations website.
Ola Electric Mobility is India's leading electric vehicle (EV) manufacturer. It specialises in the vertical integration of technology and manufacturing for EVs and their components, including battery cells. Ola maintains a direct-to-customer distribution network and an online presence.
Ola Electric Mobility announced that it became the first two-wheeler EV manufacturer to receive government certification for its in-house developed rare earth-free ferrite motor. This marks a breakthrough milestone that eliminates reliance on imported rare-earth motors with permanent magnets.
This certification has been granted by Global Automotive Research Centre, Tamil Nadu, after Ola Electric's ferrite motor underwent rigorous performance verification and mandatory motor power tests as per AIS 041 that is notified by the Ministry of Road Transport, Government of India.
The tests showed that Ola Electric's in-house developed ferrite motor's performance matched that of the motors with rare-earth permanent magnet motors in terms of net power for 7kW and 11 kW variants.
The ferrite motor delivers efficiency, performance, and durability on par with rare-earth permanent magnet motors, while dramatically lowering costs and de-risking supply chain fluctuations. The company first introduced its ferrite motor at its annual ‘Sankalp 2025' event in August this year.
With this certification, Ola Electric will begin integrating the ferrite motor across its product lineup, further enhancing performance, affordability, and sustainability for millions of Indian consumers.
Ola Electric Mobility has announced that the first day of its Ola Muhurat Mahotsav witnessed an unprecedented response, with all units on offer sold out within just 5 minutes of the window opening.
The overwhelming demand came on the back of Ola's recently launched festive campaign, Ola Celebrates India, which introduced never-before prices starting at Rs 49,999 for its best-selling S1 scooters and Roadster X motorcycles.
The Day 1 rush saw several eager customers logging in simultaneously to secure their vehicles during the limited-time Muhurat slot.
Ola Electric spokesperson said, “Ola Muhurat Mahotsav has struck a deep chord with Indians. To be sold out in 5 minutes on Day 1 shows the strength of our mission, which is to make EVs accessible to every Indian household. This is just the beginning, and we are excited to see even more Indians join the EV revolution in the days ahead.”
The Ola Muhurat Mahotsav will run till 01 October, with new slots for limited units opening each day at special Muhurat times.