- Ola Electric
- Ola Shakti
- Battery Energy Storage System
- BESS
- Gigafactory
- Bhavish Aggarwal
- Ola 4680 Bharat Cells
Ola Enters INR 1,000 Billion BESS Market With Ola Shakti
- By MT Bureau
- October 16, 2025
Bengaluru-based alternative energy company Ola Electric has launched Ola Shakti, its first residential Battery Energy Storage System (BESS) solution, marking the company's entry into the BESS market. The company estimates the BESS market is currently valued at INR 1,000 billion and is projected to grow to over INR 3,000 billion by 2030.
The company expects its annual Gigafactory consumption for the BESS market to scale up to 5 GwH in the next couple of years, exceeding its automotive consumption.
Powered by Ola's indigenous 4680 Bharat Cells, Ola Shakti is said to be India’s first residential BESS that is fully designed, engineered and manufactured domestically. Ola is leveraging its existing cell technology, Gigafactory infrastructure and distribution network to scale rapidly without new capital expenditure (Capex) or research and development (R&D) spending.
Product Details
Ola Shakti is available in four battery configurations with introductory pricing for the first 10,000 units: 1.5 kWh at INR 29,999, 3 kWh at INR 55,999, 5.2 kWh at INR 119,999 and 9.1 kWh at INR 159,999. Reservations for the product begin today for INR 999, with deliveries scheduled to start on Makar Sankranti 2026.
The system's features include:
- Efficiency: Delivers efficiency of up to 98 percent and has zero running and maintenance costs.
- Safety: Delivers automotive-grade safety and is fully weatherproof with IP67-rated batteries.
- Functionality: Features instant 0 ms changeover time, operates across a wide input voltage range of 120V-290V and offers real-time control and data-driven management for customers.
Bhavish Aggarwal, CMD, Ola Electric, said: “India doesn't face energy shortage; it faces an energy storage opportunity. With Ola Shakti, we are turning that opportunity into energy independence. We have built world-class battery and cell technology for electric mobility. Ola Shakti extends that innovation to homes, helping them store and use clean energy intelligently. Ola Shakti is a natural next step for us as we leverage our existing 4680 cell technology, Gigafactory production capabilities, and nationwide Ola network as a ready sales and distribution backbone – ensuring rapid scale without any incremental investment."
- Montra Electric
- Murugappa Group
- Super Auto
- Super Cargo
- Vigsons Automobiles
- Action Volt Wheels
- Arun Murugappan
- Jalaj Gupta
Montra Electric Expands Dealership Network In Delhi-NCR
- By MT Bureau
- January 10, 2026
Montra Electric, the clean mobility division of the Murugappa Group, has opened two new dealerships in the National Capital Region (NCR). The expansion includes an electric small commercial vehicle (e-SCV) outlet in Libaspur, North Delhi and an electric three-wheeler (e-3W) facility in Surajpur, Greater Noida.
The Greater Noida dealership, operated by Vigsons Automobiles, will retail the Super Auto and Super Cargo models. This facility is equipped with service infrastructure and technicians to support owner-operators and fleet customers in the passenger and cargo segments. The North Delhi site, operated by Action Volt Wheels, is intended for businesses involved in e-commerce distribution and FMCG logistics, providing workshop and after-sales support for mid-mile operations.
Arun Murugappan, Chairman, Montra Electric, said, “The transition to electric commercial mobility is an institutional shift, not merely a product change. As adoption expands across India, its success will depend on the strength and reliability of the supporting ecosystem. Building this foundation, anchored in quality, service, and long-term ownership confidence, is essential for clean mobility to scale in a sustainable manner.”
Jalaj Gupta, Managing Director, Montra Electric, added, “Delhi-NCR is one of the most structurally important markets for electric commercial vehicles, where scale is being driven by real operating use-cases rather than experimentation. Our focus is to build a network that is capable of supporting this scale, through dependable retail partners, strong service infrastructure, and consistent customer engagement. The new dealerships in Greater Noida and North Delhi are a step towards ensuring that customers experience electric mobility as a reliable business solution, not just a sustainable alternative.”
The company stated that the NCR is a primary market due to the demand for urban logistics and shared mobility. The new facilities are designed to transition electric vehicles from pilot projects to regular commercial use by focusing on vehicle uptime and service responsiveness.
- Toyota Kirloskar Motor
- Advantage Maharashtra Expo 2026
- Flex-fuel Strong Hybrid Electric Vehicle
- FFV SHEV
- Sudeep Dalvi
Toyota Kirloskar Motor Highlights Sustainable Technology At Advantage Maharashtra Expo
- By MT Bureau
- January 09, 2026
Toyota Kirloskar Motor (TKM) participated in the Advantage Maharashtra Expo 2026 to showcase its technology and manufacturing initiatives. The company focused on Flex-fuel Strong Hybrid Electric Vehicle (FFV SHEV) technology and its ongoing expansion within the state of Maharashtra.
At the Technology Pavilion, the automaker displayed the HyCross FFV SHEV, a vehicle designed to operate on ethanol-blended fuels while utilising a hybrid electric powertrain. This technology is part of Toyota's ‘multi-pathway’ strategy intended to reach carbon neutrality by utilising various energy sources. The expo, organised by the Marathwada Association of Small-Scale Industries and Agriculture (MASSIA) and the Government of Maharashtra, serves as a platform for industry and technology exchange in the Marathwada region.
Sudeep Dalvi, Chief Communication Officer, Senior Vice President and Director, Toyota Kirloskar Motor, said, “Toyota Kirloskar Motor extends its sincere gratitude to the Government of Maharashtra for its continued support toward our greenfield manufacturing project in the state. Our upcoming facility will further enhance TKM’s operational footprint in the state with localization as a key focus while creating expanded opportunities for local development. Participation in the Advantage Maharashtra Expo underscores our ongoing collaborative initiatives across the region, reflecting our commitment to fostering sustainable growth, innovation, and community empowerment in Maharashtra. TKM has consistently focused on building core capabilities and strengthening the educational ecosystem in Maharashtra through its structured skilling & CSR programs. Complementing these efforts, we continue to advance technology initiatives that support cleaner mobility and more efficient powertrain systems.”
Beyond vehicle displays, Toyota Kirloskar Motor held sessions on manufacturing culture and skill development for industry representatives and educational institutions. The company recently signed a Memorandum of Understanding (MoU) with the state government to develop a skilling ecosystem focused on Industrial Training Institutes (ITIs).
Suzuki Motorcycle India Opens Bookings For Suzuki e-Access E-Scooter
- By MT Bureau
- January 09, 2026
Suzuki Motorcycle India (SMIPL), one of the leading two-wheeler manufacturers in the country, has announced the commencement of bookings for the e-Access, its first electric scooter. This launch marks Suzuki’s global entry into the electric two-wheeler segment, with India serving as the debut market for the model.
Priced at INR 188,490 (ex-showroom, Delhi), the e-Access can be reserved at authorised dealerships across India. The company has also confirmed that the scooter will be available for purchase through the e-commerce platform Flipkart once retail sales begin.
The e-Access is equipped with a lithium-ion battery designed for durability, which the company states will retain over 80 percent of its capacity after eight years of use. Technical features include a swingarm-mounted motor and a regenerative braking system that assists in energy recovery during deceleration. The scooter also includes a Type 2 charging port for compatibility with public charging infrastructure and a 5-inch TFT instrument cluster with smartphone connectivity.
Kenichi Umeda, Managing Director, Suzuki Motorcycle India, said, “The Suzuki e-Access represents Suzuki’s first global strategic battery electric vehicle. It offers long-life battery, agile handling, seamless acceleration and high quality fit & finish. With every element designed thoughtfully to make ownership easy, enjoyable, and worry-free, we remain committed to Suzuki’s global vision of sustainable mobility. We believe the Suzuki e-Access will be the choice for riders looking for a reliable, everyday electric scooter that fits into their lifestyle.”
The vehicle is available in four dual-tone colour options, including the new Metallic Mat Stellar Blue/Metallic Mat Fibroin Gray. To support the rollout, SMIPL has introduced financial products including interest rates starting at 5.99 percent and rental options ranging from 24 hours to 3 years.
Volvo Unveils EX60 With 810km Range And 800-Volt Charging
- By MT Bureau
- January 08, 2026
Swedish luxury carmaker Volvo Cars has introduced the EX60, an all-electric SUV featuring a claimed range of 810 kilometres on a single charge in an all-wheel drive configuration.
The EV is the first to be underpinned by SPA3, the company’s new electric architecture designed to increase efficiency and match the range of petrol engines.
The EX60 utilises cell-to-body technology, integrating the battery directly into the car's structure. This approach, combined with e-motors developed in-house and the use of mega casting to replace multiple components with single castings, reduces vehicle weight to improve energy efficiency.
Equipped with an 800-volt electrical system, the EX60 can add 340km of range in ten minutes when using a 400kW fast charger. The charging process is managed by software developed in-house and algorithms from Breathe Battery Technologies, which adjust power intake to maintain the battery in an ideal operating zone regardless of weather conditions.
Anders Bell, Chief Technology Officer, Volvo Cars, said, “The EX60 is designed to be a gamechanger. With our new electric vehicle architecture, we directly address the main worries that customers have when considering a switch to a fully electric car. The result is class-leading range and fast charging speeds, marking the end of range anxiety.”
Volvo Cars is offering a 10-year warranty on the EX60 battery. The use of mega casting in the manufacturing process marks a shift in Volvo’s production methods, aimed at simplifying assembly and reducing mass to further extend driving distance.
The EX60 represents the longest-range electric vehicle created by the manufacturer to date, focusing on real-life driving conditions and thermal management to maintain charging speeds.

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