Sales of Ola Electric scooters are continuously falling, and now company founder Bhavish Aggarwal has focused his attention on a new business. They have launched a new battery energy storage system named ‘Ola Shakti’, booking for which has started and its delivery will start from January.
🔹 Main points
There has been a decline of 46% in scooter sales of Ola Electric.
The company launched a new battery storage system named ‘Ola Shakti’.
Deliveries to domestic customers will begin from January 2026.
Ola’s sales are now far behind Hero, Bajaj, and TVS.
The number of employees in the company has reduced to 3,330.
✓ Complete information
Ola Electric now wants to move beyond just selling scooters. The company has started a new business – Ola Shakti, which is a system to store electricity in homes. This system is based on the company’s own developed 4680 battery cell technology.
Bhavish Aggarwal said, “We will use our technology, gigafactory and network to launch this product across the country without increasing expenses.”
However, the company’s position on the scooter sales front is not good. In September 2025, Ola Electric sold only 13,419 scooters, while by the last week of October, sales reached only about 14,400 units.
On the other hand, companies like TVS, Bajaj and Ather are selling 25,000 to 30,000 units a month. Hero MotoCorp’s sales have also now reached close to Ola.
🏭 Internal situation of the company
Ola Electric closed several warehouses to reduce costs and started the registration process itself, which led to delivery delays and increased customer dissatisfaction. Many important posts in the company are vacant and the number of employees has declined from 3,610 in March to 3,330 in August.
Complaints regarding customer service have also increased rapidly. According to reports, more than 60,000 customer complaints are still open, of which about 45% are related to parts shortage. However, Ola has declared these figures to be incorrect.
💡 Expectation of new business
Amidst slow sales and falling market share, Ola Electric now wants to launch its battery technology in the energy market. The company is trying to raise a loan of ₹1,700 crore so that the new business can be expanded rapidly.
📊Key information at a glance.
Information Details New Product Ola Shakti – Battery Energy Storage System Delivery starts from January 2026 Sales (September) 13,419 units Sales (October) around 14,400 units Employee count 3,610 in March → 3,330 in August Market position Ola now at fourth position, Hero MotoCorp close
❓ Question-Answer
Q1: What is Ola Shakti?
It is a battery storage system used in homes which conserves electricity.
Q2: When will its delivery start?
Its delivery will start from January 2026.
Q3: Are the sales of Ola scooters declining?
Yes, the company’s sales have declined by 46% compared to last year.
Q4: Is Ola discontinuing the scooter now?
No, scooter sales will continue, but now the company is also adding new business.
Q5: What is the biggest challenge to Ola?
Customer service problems, parts shortages and declining market share.
