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Ola Electric Mobility
Ola Electric on Friday said it has secured the Bureau of Indian Standards certification and licence for Ola Shakti in a 6kW/9.1 kWh battery pack powered by 4680 Bharat Cell. Ola Shakti is the country's first residential BESS (Battery Energy Storage System) solution, which is designed, engineered, and manufactured in India. As part of this certification, Shakti underwent a comprehensive set of electrical and mechanical safety-critical tests, including short-circuit and overload protection, safeguards against fire and thermal hazards and protection from electric shock, the Bengaluru-based company said in a statement. It also underwent environmental stress testing, sonic pressure hazard evaluation, mechanical hazard assessment, and other applicable tests in accordance with BIS standards, it added. "With the BIS certification of Shakti 9.1kWh, we are ready to deliver our first residential BESS units. This is an important step in our journey as we reimagine how India will store and cons
Ola Electric's founder Bhavish Aggarwal has undertaken a limited monetisation of his personal shareholding to fully release all promoter-level share pledges totalling Rs 260 crore, according to company sources. The pledge release transaction involved a combination of monetising a small part of the promoter holding as well as other personal incomes. It will completely release 3.93 per cent of previously pledged shares, making the founder-promoter debt-free. Sources said the promoter-group holding will be over 34 per cent after the limited stake monetisation, among the largest in the listed new-age listed cohorts. Ola Electric is not expected to see further promoter pledges as the current one was done to seed fund AI startup Krutrim, which has re-emerged as a cloud infra player with positive cash flows. The monetisation does not result in any dilution of promoter control and reflects the founder's long-term commitment to Ola Electric's strategy of building a vertically integrated, ..
Ola Electric on Sunday said it has commenced same-day registration and delivery of its 4680 Bharat Cell powered vehicles in Bangalore. This offering is a part of the company's umbrella Hyperservice initiative to deliver a transparent, convenient, and customer-first service experience, the Bengaluru-based firm said in a statement. Under Hyperdelivery initiative , customers can now complete their purchase online or at an Ola Electric Store and ride home on their fully registered vehicles on the same day, it added. Earlier this year, the company announced that it has moved its vehicle registration process completely in-house. "Hyperdelivery adds another layer of ease and convenience for customers who want to purchase our vehicles. When we introduced it earlier this year,we completely changed the way Indians bought their vehicles," a company spokesperson stated. And today the company starts offering that same ease of ownership for customers who want the 4680 Bharat Cell powered vehicl
Ola Electric is preparing to recruit about 1,000 senior service technicians and specialised professionals as the company moves into the next phase of its Hyperservice programme, according to people familiar with the plan. The expansion will substantially bolster the firm's after-sales workforce of around 2,000 and follows weeks of rapid-response efforts to clear service backlogs in key markets. "This is the second, more structural leg of Hyperservice," a senior company official said, requesting anonymity. "The taskforce was the firefight. This phase is about ensuring we don't have to go through it again." Unlike a typical hiring expansion, the upcoming drive focuses on senior and specialist roles - from EV diagnostics experts to service centre managers and customer-facing advisors. Insiders say the objective is to upgrade capability rather than merely increase headcount, targeting roles that influence repair accuracy, centre operations, and first-contact customer experience. "We a