Ola Electric Mobility Launches Integrated Battery Energy Storage System Portfolio
Ola Electric Mobility Limited has announced the launch of its comprehensive Battery Energy Storage System (BESS) product portfolio, comprising three key offerings: Ola Shakti, Shakti Rack, and Mahashakti. The products are designed to meet diverse energy storage requirements across multiple sectors following the company's integrated capabilities in battery cells, battery packs, and energy storage systems.The new portfolio expands the company's energy solutions offering, catering specifically to residential, commercial, industrial, and utility-scale applications. These launches leverage Ola Electric Mobility’s established expertise in high-capacity battery technology.
Ola Electric confirmed that all three products are intended for the domestic market. The product details and characteristics are categorized below:
| Product Name | Primary Application | Type of Solution | Target Market Segment |
|---|---|---|---|
| Ola Shakti / Ola Shakti (Shakti Gen2) | Residential Battery Energy Storage solution | Battery Energy Storage System | Residential |
| Shakti Rack | Commercial and Industrial battery energy storage solution | Battery Energy Storage System | Commercial & Industrial |
| Mahashakti | Utility-scale battery energy storage solution | Battery Energy Storage System | Utility-scale |
All three products—Ola Shakti, Shakti Rack, and Mahashakti—were officially launched on August 15, 2026. The launch strengthens the company’s market presence in advanced energy solutions by providing specialized systems for different scales of operation.
OLAELEC Stock Price Movement
Shares of Ola Electric Mobility Limited slipped 2.75% on Friday, settling at ₹38.73 after shedding ₹1.09 from the previous close. The stock traded within a tight intraday range, finding support near its low of ₹38.46 during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.