Ola Electric Launches First ‘शक्ति’ from Gigafactory in India

Ola Electric Mobility Limited has informed the exchange about the rollout of its first ‘शक्ति’ from its Gigafactory located in Krishnagiri, Tamil Nadu. This event marks a significant milestone in the company’s efforts to scale up its 4680 Bharat Cell platform. The ‘शक्ति’ represents Ola Electric’s entry into the residential Battery Energy Storage System (BESS) market in India. The product is fully designed, engineered, and manufactured domestically, reflecting the company’s focus on innovation and localization.

The financial terms related to the rollout of ‘शक्ति’ were not disclosed in the filing. However, the product is available for reservation on the Ola Electric website at a price of ₹999. The ‘शक्ति’ is available in four different battery configurations: 1.5 kWh, 3 kWh, 5.2 kWh, and 9.1 kWh. These configurations cater to various energy needs, providing flexibility for different types of consumers, including households, farms, and businesses.

The ‘शक्ति’ is built with automotive-grade safety and features high efficiency with zero running and maintenance costs. It offers an instant 0 ms changeover time and operates across a wide input voltage range of 200V-240V, protecting appliances from voltage fluctuations. The product is spill-proof with IP67-rated batteries, tested for dust, water, and monsoon conditions. Customers can interact with their ‘शक्ति’ to manage energy intelligently, with real-time control over battery status and energy flow. The system can power appliances such as air conditioners, refrigerators, and farm pumps, with charging times as fast as 2 hours and a backup capacity of up to 1.5 hours on full load.

The rollout of ‘शक्ति’ is a strategic move by Ola Electric to expand its business beyond the automotive domain into the energy sector. This development aligns with the company’s mission to provide reliable and affordable energy solutions to Indian consumers. The product’s availability in multiple configurations allows it to cater to a wide range of energy needs, making it a versatile solution for modern energy management.

The rollout of ‘शक्ति’ from the Gigafactory in Krishnagiri, Tamil Nadu, marks a significant milestone in Ola Electric’s timeline. The company’s focus on innovation, localization, and technological leadership is evident in this development. The Gigafactory plays a crucial role in the production of the ‘शक्ति’, reflecting Ola Electric’s commitment to advanced manufacturing processes and supply-chain resilience.

Ola Electric Mobility Limited is a leading electric vehicle manufacturer in India, specializing in the vertical integration of technology and manufacturing for EVs and their components, including battery cells. The company’s Ola Futurefactory in Tamil Nadu is a significant contributor to establishing a robust EV hub in India. Ola Electric’s R&D efforts span India, the UK, and the US, focusing on innovative EV products and core components. The company maintains a direct-to-customer distribution network across India, making it one of the largest company-owned networks of automotive experience centers in the country.