Ola Electric expands 4680 Bharat Cell platform, launches Shakti BESS

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On the reaction day the stock moved 1.0 pts less than Nifty Smallcap 250 and 0.2 pts more than its 2/3 Wheelers peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Ola Electric announced the expansion of its 4680 Bharat Cell platform beyond mobility. It will now sell 4680 cells and 1.5kWh battery packs directly to businesses and startups for EVs, humanoids, drones, and medical equipment. It also launched Ola Shakti, a residential battery storage system priced at Rs 1,49,999 and Rs 2,49,999, with deliveries starting end of January. Deliveries of the Roadster X+ motorcycle (Rs 1,89,999, 500km range) and S1 Pro+ scooter have scaled up across India.

Likely market impact

Signals product diversification beyond two-wheelers into energy storage and B2B battery sales, potentially opening new revenue streams.