Ola Electric Battery Storage Products: Amazing 3 New Launches for Homes, Grid
Ola Electric battery storage products just expanded into an entirely new category, with the company unveiling three separate offerings on August 15, 2026, spanning homes, businesses, and utility-scale power grids. Here’s a complete breakdown of each product, the pricing, and why Ola Electric is making this move now.
What Are Ola Electric’s New Battery Storage Products?
The new Ola Electric battery storage products lineup consists of three distinct offerings: Ola Shakti Gen 2 for homes, Shakti Rack for commercial and industrial use, and Mahashakti for utility-scale grid storage. All three are built around Ola’s in-house 4680-format “Bharat Cell” lithium-ion battery platform, the same cell technology underpinning the company’s broader battery manufacturing ambitions.
Ola Shakti Gen 2: For Homes
Among the new Ola Electric battery storage products, Ola Shakti Gen 2 targets residential backup power. It comes in two configurations: a 3 kW variant with 4.6 kWh capacity priced at Rs. 99,000, and a 6 kW variant with 9.2 kWh capacity priced at Rs. 1.75 lakh. Both offer around 1.5 hours of backup at full load, enough to run essential household appliances like fans and freezers during a power cut. Deliveries are expected to begin in November 2026.
Shakti Rack: For Businesses
Shakti Rack extends the Ola Electric battery storage products range into commercial and industrial applications, with separate AC and DC variants. The AC version offers 73 kWh of capacity with an inverter power range of 18 to 50 kW, delivering 415V three-phase output with air-cooled thermal management, aimed at backup power and peak-shaving for commercial loads. The DC variant offers 38 to 77 kWh per rack at 48V, built for DC-powered commercial setups. Both are expected to become available in March 2027.
Mahashakti: For the Grid
At the top end of the Ola Electric battery storage products range sits Mahashakti, built for utility-scale deployment. Each rack delivers 257 kWh of capacity and up to 125 kW of power at a 1331.2V DC bus voltage, using lithium-iron phosphate (LFP) chemistry. Four racks combine into a single container capable of delivering 6.26 MWh of capacity and 2.5 MW of power, with the system designed to scale up to full gigawatt-hour installations for applications like assembly lines, grid infrastructure, and data centres.
Why Is Ola Electric Entering Battery Storage Now?
The expansion into Ola Electric battery storage products comes as the company’s core electric scooter business has struggled. Ola Electric’s market share fell to 8.4% in the June 2026 quarter (Q1 FY27), and operating revenue for that quarter declined 45% year-on-year to Rs. 455 crore, even as net losses narrowed 22% to Rs. 336 crore. Diversifying into battery storage gives the company a way to generate revenue from its in-house cell manufacturing capacity, improving utilisation at its Gigafactory rather than relying solely on scooter sales. Our coverage of the Ola Electric PLI Scheme Window looks at the government incentive framework tied to the same battery cell manufacturing capacity these new products now draw on.
Not Ola’s First Home Battery
Ola Shakti Gen 2 isn’t the company’s first attempt at home energy storage. An earlier version of Ola Shakti launched in January 2026 with lower introductory pricing, starting at Rs. 29,999 for a 1 kW, 1.5 kWh unit, manufactured out of Ola’s existing Tamil Nadu facility. The August 2026 lineup effectively builds on that first product with a larger, more capable second generation, alongside two entirely new product categories aimed at commercial and utility customers.
Broader EV and Energy Market Context
Ola Electric isn’t the only company navigating a competitive and shifting EV landscape this year, our coverage of the VinFast Rasad Electric Scooter looks at how a newer international entrant is approaching India’s electric two-wheeler market from a different angle. For full specifications and ordering details, Ola Electric’s own official website carries the latest information on all three products.
What Happens Next
With Ola Shakti Gen 2 deliveries set for November 2026 and Shakti Rack and Mahashakti following in March 2027, the real test for these Ola Electric battery storage products will be whether the company can execute on manufacturing and delivery at scale, at a time when its core scooter business still needs to stabilise. How well Ola Electric battery storage products perform commercially could end up mattering more to the company’s near-term finances than scooter sales alone.
For more technology updates, check out our Technology section.
Frequently Asked Questions
How many Ola Electric battery storage products were launched?
Three products were launched on August 15, 2026: Ola Shakti Gen 2, Shakti Rack, and Mahashakti, covering residential, commercial, and utility-scale segments.
What are Ola Electric’s new battery storage products?
Ola Electric launched three products on August 15, 2026: Ola Shakti Gen 2 for homes, Shakti Rack for commercial and industrial use, and Mahashakti for utility-scale grid storage.
How much does Ola Shakti Gen 2 cost?
It’s priced at Rs. 99,000 for the 3 kW, 4.6 kWh variant and Rs. 1.75 lakh for the 6 kW, 9.2 kWh variant.
When will Ola Electric’s battery storage products be delivered?
Ola Shakti Gen 2 deliveries begin in November 2026, while Shakti Rack and Mahashakti are expected around March 2027.
Why is Ola Electric launching battery storage products now?
The move comes as Ola Electric’s scooter revenue has declined sharply, and diversifying into battery storage helps the company use its cell manufacturing capacity more fully.
What battery technology do these products use?
Ola Shakti Gen 2 and Shakti Rack use Ola’s in-house 4680-format Bharat Cell lithium-ion technology, while Mahashakti uses lithium-iron phosphate (LFP) cells.