- 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."
- Tata Power
- Tata Passenger Electric Mobility
- TPEM
- TATA.ev
- Tata Power EZ Charge
- Jayesh Ranjan
- Gopalakrishnan VC
Tata Power And Tata Passenger Electric Mobility Launch MegaCharger Hub In Hyderabad
- By MT Bureau
- June 26, 2026
Tata Power and Tata Passenger Electric Mobility (TPEM) have inaugurated a TATA.ev MegaCharger Hub at the iLabs Centre in Hitech City, Hyderabad, which marks the first-of-its-kind in Telangana.
The hub is designed to support the growing number of electric vehicles in the city, including private cars, commercial fleets and ride-hailing services. Key features include a total of 360 kW charging capacity. It has three 120 kW dispensers capable of charging six vehicles simultaneously, which is accessible 24 hours a day.
This hub is part of the TATA.ev MegaCharger network, which comprises over 750 charging points across India. Users can manage charging sessions via the Tata Power EZ Charge App.
Tata Power currently operates a network of over 6,500 public charging points across more than 700 cities and towns. The company has also installed over 230,000 home chargers in collaboration with various automotive manufacturers.
The inauguration event was attended by Jayesh Ranjan, Special Chief Secretary to the Government of Telangana and Gopalakrishnan VC, Director of the Automotive and EV Sector for the Government of Karnataka, alongside representatives from Tata Power and Tata Motors.
Hindustan Zinc Deploys First 250 MT Electric Crane In India
- By MT Bureau
- June 25, 2026
Hindustan Zinc has deployed a 250 Metric Tonne capacity electric crane at its Zinc Smelter in Debari, Rajasthan. The hybrid machine operates on diesel and electricity and is part of a strategy to reduce emissions across the company's industrial infrastructure.
The crane replaces a diesel-operated model that consumed 93,600 litres of fuel per year. The company expects this transition to avoid approximately 250.8 tonnes of CO2 in annual emissions.
Arun Misra, CEO, Hindustan Zinc, said, “At Hindustan Zinc, sustainability is deeply embedded in how we operate, innovate and grow. The deployment of India’s first 250 MT electric crane is another example of our resolve to adopt clean technology and redefine how core industry transitions to low-carbon solutions. This initiative reflects our efforts to foster a culture of sustainability while laying the foundation for a greener and more resilient industrial ecosystem.”
The deployment follows a series of green initiatives introduced by Hindustan Zinc, which include deploying underground battery electric vehicles (BEVs), inducting a fleet of 250 LNG trucks for concentrate transport, use of 40 electric bulkers & electric passenger buses and launch of four electric loaders at the Rampura Agucha Mine.
Deepak Garg, Managing Director, SANY India, said, “Hindustan Zinc has consistently demonstrated industry leadership in adopting technologies that redefine sustainable mining. At Sany, we are honoured to partner with the company in deploying India’s first 250-tonne diesel-electric hybrid all-terrain crane, a solution designed to improve energy efficiency, reduce emissions and support more responsible industrial operations. This milestone reflects our shared commitment to advancing innovation that delivers both operational excellence and meaningful environmental impact.”
Hindustan Zinc aims to reach net-zero emissions by 2050. The company has increased renewable energy in its power mix to 18 percent and is targeting a 50 percent reduction in Scope 1 and 2 emissions from its 2020 baseline.
Slate Modular Electric Vehicle To Be Priced At $24,950
- By MT Bureau
- June 25, 2026
American electric vehicle start-up Slate has announced that its base truck model will be priced at USD 24,950, with deliveries expected to begin in Q4 of CY2026.
The platform allows owners to configure the vehicle as a pickup or an SUV, with options for the Squareback and Fastback models starting at USD 29,950. The EV features a modular design with a reported range of 205 miles (329km). The towing capacity is rated at 2,000 lb (907 kg), with a payload capacity of 1,550 lb (703 kg).
The EV design includes tactile controls and lacks a touchscreen. Owners can personalise their vehicles using over 200 accessories available through the Slate Marketplace.
Slate has engineered the modular EV to facilitate maintenance by the owner, with support provided via the Slate U guide. The vehicle includes a 10-year/110,000-mile (177,027 km) battery and powertrain warranty. Repair services are available through a network of 3,000 RepairPal shops and service centres.
Peter Faricy, CEO, Slate, said, “More than 180,000 reservation holders have told us they’re ready for a vehicle that’s affordable, reliable and built around their lives. Slate gives customers the freedom to buy only what they need today and personalise their vehicle as their needs change tomorrow. We’re excited to start seeing Slates on roads across America later this year.”
Established in 2022, Slate assembles its vehicles in Warsaw, Indiana. The company plans to invest USD 400 million in its factory, with projections to create 2,000 jobs. Customers can preorder the vehicle on the company website for USD 300. The company uses a direct-to-consumer sales model.
Delhivery And Bajaj Auto Partner To Electrify Last-Mile Logistics
- By MT Bureau
- June 23, 2026
Delhivery and Bajaj Auto have signed an agreement to deploy electric three-wheelers across Delhivery's last-mile delivery network. The partnership begins with the deployment of 200 Bajaj RIKI eCarts (model C4005) in the first phase, with a second phase planned for 2026–2027 that aims to reach a total of approximately 1,500 electric vehicles.
The initiative aims to improve operational efficiency in both metropolitan areas and Tier-2 and Tier-3 cities. The Bajaj RIKI eCart (C4005) offers a claimed range of over 100 km per charge. The vehicle features an electric powertrain and a two-speed automatic transmission. Delhivery plans to pair the vehicles with its automated route optimisation software to increase drop-offs per trip and reduce operating costs per kilometre. The EVs are designed with ergonomic seating to protect riders from weather conditions and reduce physical fatigue.
Prashant Gazipur, Chief Operating Officer, In-City Operations at Delhivery, said, "Our collaboration with Bajaj Auto addresses the economic well-being of our delivery partners while advancing both our environmental goals and those of our clients. By combining our intelligent routing systems with highly efficient cargo EVs, we are creating a more profitable model for our riders and offering our clients a cleaner, lower-carbon supply chain."
Samardeep Subandh, President, Intra-City Business, Bajaj Auto, added, "This partnership with Delhivery has the potential of transforming last-mile cargo transport, with Delhivery’s scale and technology and Bajaj Auto’s expertise in 3-wheeler electric mobility. The Bajaj Riki C4005 offers 100+ kms of range on a single charge, excellent reliability and durability along with better comfort and ergonomics for drivers."
The deployment is part of Delhivery’s broader strategy to reduce its Scope 3 greenhouse gas emissions and meet its environmental, social and governance (ESG) targets.

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