Ola Electric Chairman Bhavish Aggarwal announced plans to use the battery technology from the popular Roadster electric motorcycle to develop an innovative Energy Storage System (ESS). This marks Ola’s strategic expansion beyond electric vehicles into India’s rapidly growing $30 billion energy storage market, leveraging its cutting-edge battery tech for homes and businesses.
Ola Electric is set to enter the booming Battery Energy Storage System (BESS) market, expected to exceed $30 billion by 2030 in India. Chairman Bhavish Aggarwal revealed that the company will repurpose the battery pack technology used in its flagship Roadster electric motorcycles to offer intelligent, modular, and portable energy storage solutions.
The move signifies Ola’s ambition to diversify beyond electric vehicles and tap into growing energy demands driven by renewable adoption, grid instability, and rising need for distributed energy solutions. Leveraging the advanced 4680 Bharat Cell technology produced at its Tamil Nadu Gigafactory, Ola plans to launch “Ola Shakti,” a battery storage product tailored for residential and commercial users.
Key Highlights
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Ola will utilize the Roadster motorcycle’s battery pack tech adapted for energy storage systems, focusing on scalability and efficiency.
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The 4680 Bharat Cell technology enables high energy density, safety, and longer lifecycle, ideal for both EVs and stationary storage.
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Ola Shakti aims to address India's increasing demand for reliable, clean, and affordable energy storage.
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With a 5 GWh Gigafactory capacity, Ola’s existing battery manufacturing scale lowers entry barriers for rapid deployment in the BESS segment.
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Ola’s nationwide retail network will support distribution and after-sales service, accelerating market penetration.
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The entry into BESS complements Ola’s green ecosystem, reinforcing its commitment to sustainable energy futures.
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Industry experts see this as a strategic play, linking mobility and energy sectors while capitalizing on India’s push for self-reliance and renewable integration.
Notable Updates
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Ola’s pioneering battery tech also powers its Roadster X motorcycle, acclaimed for efficiency and range flexibility.
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“Ola Shakti” is expected to debut around Diwali 2025, signaling the company's first product beyond mobility.
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The announcement aligns with government initiatives promoting local manufacturing and clean energy infrastructure.
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This diversification could open fresh revenue streams and enhance Ola’s leadership in India’s green transition.
Ola Electric is thus poised to transform India’s energy landscape by extending its battery expertise beyond electric vehicles to power homes and businesses with smarter, cleaner energy solutions.
Sources: Business Standard, Economic Times, EQ Magazine, CNBC TV18, BikeWale