Bhavish Aggarwal-led Ola Electric on Thursday announced the launch of Ola Shakti, a portable device that can be used to power ACs and refrigerators at home, water pumps at farms and business establishments, marking its entry into the battery energy storage systems (BESS) market.

Ola Shakti is powered by Ola’s own 4680 Bharat Cells that are manufactured at its Gigafactory in Krishnagiri, Tamil Nadu. The company expects its annual Gigafactory consumption for the BESS market to scale up to 5 GWh in the next couple of years, potentially exceeding its automotive consumption.

The system leverages Ola Electric’s existing cell technology, Gigafactory infrastructure, and pan-India distribution network, enabling rapid scaling without additional capital expenditure or research and development (R&

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