October 17, 2025—Ola Electric Mobility Ltd., India’s trailblazing electric vehicle (EV) maker, has ignited investor enthusiasm with the launch of Ola Shakti, its first venture into the energy storage sector, sending shares soaring 5% to close at Rs 95.50 on the BSE. The announcement, made on October 16, 2025, during a live-streamed event hosted by founder and CEO Bhavish Aggarwal, introduced Shakti as a revolutionary Battery Energy Storage System (BESS) for homes, farms, and small businesses, priced starting at Rs 29,999 with reservations open at Rs 999.