India, Oct. 16 -- Ola Electric Mobility Ltd. has launched its first non-automotive product, the Ola Shakti battery, at a time when its cell manufacturing plans have stalled and electric two-wheeler sales have nosedived.

Ola Shakti is a residential battery energy storage system powered by Ola's 4680 Bharat Cell manufactured at the Ola Gigafactory in Tamil Nadu. That, along with a country-wide two-wheeler sales network, will allow the company to scale the new business rapidly with "zero incremental capex and R&D spends", according to an exchange filing on Thursday (16 October 2025).

"India doesn't face energy shortage; it faces an energy storage opportunity," Bhavish Aggarwal, chairman and managing director at Ola Electric, said in the ex...