#olaelectric

Ola Electric has unveiled its expanded Shakti Energy Storage portfolio, covering applications from homes and commercial establishments to industrial and utility-scale projects. Built around indigenous LFP battery technology and Ola’s vertically integrated cell-to-system capabilities, the portfolio includes Shakti Gen2, Shakti Rack and Mahashakti.

Ola Electric has secured a five-year PLI window for a 20 GWh cell allocation, marking a significant milestone in India’s ambition to build a strong domestic battery manufacturing ecosystem. The development can support large-scale cell production, strengthen local supply chains, reduce dependence on imports, and accelerate the growth of India’s EV and energy storage sectors.

Ola Electric is accelerating its nationwide expansion by strengthening its sales and service network, making electric mobility more accessible and customer-centric across India. The expanded dealer footprint is set to enhance customer experience with improved vehicle availability, faster service support, and greater accessibility, reinforcing Ola Electric's commitment to driving EV adoption and building a robust mobility ecosystem.

Ola Electric is expanding beyond electric mobility with its entry into the utility-scale energy storage sector through a strategic partnership with Axis Energy. The collaboration marks a significant step toward building large-scale battery energy storage solutions that can support renewable energy integration, enhance grid stability, and strengthen India's clean energy infrastructure. As the lines between mobility and energy continue to converge, this move reinforces Ola Electric's vision of driving the country's sustainable energy future.

Ola Electric has registered 43,719 electric vehicles in Q1 FY26, nearly doubling its sales compared to the previous quarter. The milestone reflects rising consumer demand, expanding EV adoption, and the company's continued focus on accelerating India's transition to sustainable mobility.

Ola Electric has secured BIS certification for its indigenous 46100 LFP battery cell, marking a significant step toward strengthening domestic cell manufacturing and reducing dependence on imports. The achievement reinforces India's push for self-reliance in advanced battery technology while supporting the rapid growth of the EV ecosystem.

Ola Electric has reported an impressive 23% growth, outperforming broader EV industry trends and reinforcing its position as a key player in India's electric mobility transformation.