Ola Electric Enters Energy Storage with Launch of ‘Shakti’ BESS

Ola Electric launched its ‘Shakti’ BESS using 4680 Bharat cells from its Tamil Nadu Gigafactory. Models range from 1.5 kWh to 9.1 kWh, priced from Rs 29,999, powering homes and drones. An AI app provides usage insights. Ola plans a nationwide energy storage network with service center maintenance. Founder Bhavish Aggarwal targets grid applications. Shares rose 5% to Rs 55.38; Rs 400 Cr PLI incentives claimed.