Bengaluru, October 15, 2025 — Electric mobility pioneer Ola Electric has taken a bold new step in India’s clean energy revolution with the launch of its energy storage division, Ola Shakti. The new business vertical marks Ola’s entry into the rapidly expanding energy storage solutions (ESS) sector, aimed at supporting India’s renewable energy goals and ensuring a reliable power infrastructure for the electric future.
Ola Electric Expands Beyond Mobility
Founded by Bhavish Aggarwal, Ola Electric has already established itself as a leading player in India’s EV market through its popular Ola S1 and Ola S1 Pro scooters. With the introduction of Ola Shakti, the company now ventures into the energy infrastructure space, positioning itself as a comprehensive clean-tech company rather than just an electric vehicle manufacturer.
According to industry sources, Ola Shakti will develop advanced battery storage systems designed for both commercial and grid-scale applications. These systems will play a crucial role in managing surplus renewable energy, stabilizing power grids, and supporting large-scale EV charging networks across the country.
“Energy storage is the backbone of the electric revolution,” said Ola Electric founder and CEO Bhavish Aggarwal during the launch. “With Ola Shakti, we aim to make India self-reliant in clean energy technologies while driving down the cost of energy storage solutions globally.”
Focus on Made-in-India Energy Technology
Ola Electric’s Ola Shakti energy storage division will primarily focus on indigenously developed lithium-ion and sodium-ion battery technologies. The company’s Gigafactory in Tamil Nadu, which began partial operations earlier this year, will serve as the manufacturing hub for these energy storage systems.
The facility, part of Ola’s Futurefactory ecosystem, will produce battery cells not only for the company’s two-wheelers but also for large-scale applications like renewable energy integration and backup power solutions for industries.
This aligns with the Indian government’s Make in India and National Electric Mobility Mission (NEMMP) initiatives, which encourage domestic manufacturing of clean energy technologies.
Ola Shakti to Compete in a Growing Global Market
With Ola Shakti, the company enters a market expected to exceed $10 billion by 2030 in India alone. The global demand for energy storage systems is surging as countries transition to renewable energy sources and electric mobility.
Ola Electric plans to position Ola Shakti as a competitive alternative to international players such as Tesla Energy, LG Energy Solutions, and CATL, focusing on affordability and scalability.
“We have the opportunity to make India the global hub for sustainable energy storage manufacturing,” Aggarwal said. “Ola Shakti will be the force that drives that change.”
Ola Electric’s Vision: From EVs to Full Energy Ecosystem
The launch of Ola Shakti reinforces Ola Electric’s broader ambition — to become a vertically integrated energy ecosystem player. Beyond electric scooters and motorcycles, the company has plans to expand into electric cars, public transport solutions, and battery recycling technologies.
Analysts see this move as strategically significant, especially at a time when the company prepares for its upcoming IPO, which could boost the Ola Electric mobility share price once listed. Investors have already reacted positively to the company’s diversification into energy infrastructure, anticipating long-term growth potential.
The Ola Electric share price, though not yet publicly traded, is expected to gain a significant premium upon listing due to its expansion into high-growth sectors like Ola Shakti energy storage.
Supporting India’s Energy Transition
India’s renewable energy capacity has grown rapidly over the past decade, but energy storage remains a critical gap. Without efficient storage systems, solar and wind power cannot be fully utilized. By offering scalable and cost-effective storage solutions, Ola Shakti could help bridge that gap and make renewable energy more reliable.
Experts predict that Ola’s entry will accelerate innovation and competition in the energy storage space, potentially reducing costs for utilities and consumers alike.
Conclusion: Ola Electric Ola Shakti — A New Powerhouse in Clean Energy
The launch of Ola Shakti signals a major milestone not just for Ola Electric, but for India’s clean energy ecosystem as a whole. By expanding from mobility to energy infrastructure, Ola is setting the stage for a more sustainable and self-reliant future.
As the company continues to scale its manufacturing and R&D capabilities, Ola Shakti is poised to become a driving force in India’s transition toward a low-carbon economy — redefining how the country stores, distributes, and uses energy.
For now, one thing is clear: Ola Electric Ola Shakti isn’t just about batteries — it’s about building the future of energy itself.
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