Ola Electric Shares Surge Amid Reports of Expansion Plans in Energy Segment

On October 15, Ola Electric shares are anticipated to be the subject of attention due to signs that the firm plans to enter the energy sector in addition to its primary electric vehicle business. Ola Electric, the largest pure-play EV firm in India, said in an official statement that it would like to notify you that on October 17, 2025, it will introduce a new product in the energy sector through a social media premiere.

This comes after remarks made by Bhavish Aggarwal, the chairman and managing director of Ola Electric, who recently alluded to a strategic change away from the business’s current electric vehicle activities. Power in India is shifting “from utility to deep tech — intelligent, portable, and personal,” according to Aggarwal’s tweet, implying a wider reach in the energy sector.

According to industry sources, Ola Electric’s planned announcement might be related to the company’s foray into the Battery Energy Storage Systems (BESS) market. Despite its infancy, the Indian energy storage market is expected to grow to a value of over USD 30 billion by 2030, according to industry projections.

Ola Likely to Use 4680 Bharat Cell Technology                                  

According to other sources, the business may use the 4680 Bharat Cell technology it now has, which was created at its Gigafactory in Tamil Nadu, for this possible new endeavour. According to reports, the company’s 5 GWh manufacturing capacity may be modified for storage applications without requiring a significant financial investment, and its current network of Ola Electric outlets might serve as distribution centres for energy solutions for homes and businesses.

Compared to conventional BESS infrastructure projects, the model under consideration is anticipated to be asset-light, potentially enabling faster market entry. The growing need for distributed energy solutions throughout India is reportedly the main driver of the Total Contract Value (TCV) movement in this sector.

How this Could be a Game Changer Move for Ola?

Ola Electric may profit from its current infrastructure and domestic manufacturing skills if it decides to enter the energy storage business. Such actions are also perceived as being supported by the Indian government’s concentration on domestic production. After Aggarwal formally announces the intentions on October 17, which might be Ola Electric’s official entry into the energy storage market, more details are anticipated. Ola Electric Mobility’s stock ended Tuesday’s trading session flat on the BSE at INR 50.08.