Launch · Mobility & Logistics

Ola Electric launches BESS products and new scooter

By Startup Enthusiast · 6 August 2026

What they do

Ola Electric makes electric scooters and battery energy storage systems

It launched three BESS products, a solar charge controller, and the S1Z escooter

The company is shifting to a dealer-led sales model and has a 20 GWh BESS deal with Axis Energy

Ola Electric launched three new BESS products on 15 August 2026.
The products are Ola Shakti Gen 2 (residential), Shakti Rack (industry-focused), and Mahashakti (utility-scale).
It also launched the Shakti Solar Charge Controller with standalone MPPT.
Ola Electric launched the S1Z escooter range with 46-series LFP Bharat Cell technology.
The S1Z is the first Ola scooter sold through dealer-operated stores.
Ola Electric announced a dealer-led sales and service model on 6 August 2026.
It partnered with Axis Energy for potential deployment of up to 20 GWh of commercial BESS by 2032.

The BESS business aims to shore up revenue and increase Gigafactory utilisation.
Ola Electric's E2W market share was 8.4% in Q1 FY27, up from 5.1% in Q4 FY26.
Q1 FY27 operating revenue was ₹455 Cr, down 45% YoY, and net loss was ₹336 Cr, narrowed 22% YoY.
The S1Z launch came one day before rival Ather Energy's affordable escooter launch.

Ola Electric makes electric scooters and battery energy storage systems.
Its scooter range includes S1Z, S1 Pro Sport, S1 Pro+, S1 X+, S1 Air, Roadster, and Roadster Pro.
The S1Z runs on MoveOS 5 and features cruise control, regenerative braking, GPS, and OTA updates.
All three BESS products are powered by the in-house 4680 Bharat lithium-ion cell.
Ola Shakti Gen 2 operates household appliances like fans, freezers, refrigerators, and ACs.
Mahashakti uses LFP cells and can be deployed from a single 6.26 MWh container to GWh-scale plants.
Ola Electric claims over 10 lakh riders onboarded and 590 service centres.
It offers EMI financing with tenure up to 60 months and interest rates starting at 6.99%.

Ola Shakti Gen 2 deliveries start November 2026.
Shakti Rack, Shakti DC, and Shakti Solar Charge Controller available March 2027.
S1Z 3.1 kWh deliveries start December 2026; 5.1 kWh deliveries start March 2027.
Dealership footprint expected to achieve significant scale by Diwali 2026.
Axis Energy agreement: annual deployments ramp up to 5 GWh from 2028.