Ola Electric has expanded its in-house 4680 Bharat Cell and battery pack beyond EVs, opening sales for enterprises across energy, healthcare, defence and robotics.
“Today, we took an important step by laying a new energy foundation for India,” CEO Bhavish Aggarwal said in a post on X. “We are now opening this platform up. Not just to large enterprises but also to startups, innovators, and builders who want to create advanced products on a strong and reliable energy foundation.”
Companies can now buy Ola’s 4680 Bharat Cell or the 1.5 kWh battery packs to build products across mobility, drones, medical equipment and other industrial use cases.
Ola Electric said this is aimed at accelerating domestic battery adoption and reducing dependence on imports across multiple sectors.
This comes at a time when Ola Electric is looking to diversify beyond two-wheeler EVs amid slowing EV demand, reduced government subsidies, rising competition from legacy OEMs like TVS and Bajaj, and customer complaints about its after-sales service.
Notably, Ola Electric’s vehicle registrations plummeted over 51% YoY to 1.99 Lakh units in 2025, while its market share declined to a little over 15% from 35.5% in 2014.
Ola Electric’s Diversification Push
After commissioning its Gigafactory with a cell manufacturing capacity of 2.5 GWh, the EV maker has begun deliveries of vehicles integrated with its own battery cells.
The company has been delivering the S1 Pro+ escooter integrated with 4680 Bharat Cell for over a month. The scooter offers a claimed range of up to 320 km on a single charge, which the company says is the longest range offered by a scooter so far.
Ola Electric also said that it began deliveries of its electric motorcycle Roadster X+, equipped with a 9.1 kWh battery pack, today. It claims the motorcycle offers a range of up to 500 km on a single charge.
Last year, Ola Electric announced its entry into the residential battery energy storage segment with ‘Ola Shakti’. The company said today that Ola Shakti is now available for purchase with deliveries for Shakti 6kW/9.1kWh starting at the end of January 2026, and Shakti 3kW/5.2kWh starting mid-February 2026.
While the 3kW/5.2kWh variant is priced at INR 1,49,999, 6kW/9.1kWh will be sold for INR 2,49,999.
Aggarwal said Shakti is designed to make power backup simple and reliable, without users having to manage complex energy systems. The launch places Ola Electric in the growing distributed energy storage market, as power reliability and rooftop solar adoption rise across India.
It is pertinent to mention that Ola Electric also plans to enter the commercial battery energy storage market. With an eye on catering to the rise in demand for its cells due to Ola Shakti and B2B sales, the EV maker said in November last year that it intends to scale its cell manufacturing capacity to 5.9 GWh by March 2026 and further to 20 GWh by the second half of 2027.
On the financial front, the company managed to trim its loss by about 15% YoY to INR 418 Cr in Q2 FY26. Operating revenue also fell 43% to INR 690 Cr.
The company’s shares have been under pressure due to high losses, declining sales and regulatory troubles. In the past 12 months, its shares have plummeted over 47%. The stock ended today’s trading session 0.92% lower at INR 38.6 on the BSE.
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