Bhavish Aggarwal-led Ola Electrical is growing lithium-ion prismatic cells for the corporate’s grid vitality storage product, Mahashakti.
“We’re additionally engaged on a prismatic cell, which will likely be out quickly. We’ve not but launched particulars of that,” Aggarwal mentioned throughout the firm’s This fall FY26 earnings convention name.
Mahashakti, supposed for grid storage functions, will likely be constructed on Ola Electrical’s prismatic LFP platform, Aggarwal mentioned.
Prismatic cells are housed in a inflexible rectangular casing. Its flat, compact design permits cells to be packed intently collectively, enhancing house utilization by minimizing unused gaps between batteries.
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“We’re proper now in product improvement. We’ve had conversations with many platforms there. We’ve shared specs. Persons are enthusiastic about our product there. And extra particulars will comply with via the subsequent couple of quarters,” he added.
Ola Electrical at the moment manufactures cylindrical cells for cars and battery vitality storage programs.
The Ola Electrical founder mentioned the corporate is not going to ramp up cell capability past 6 GWh proper now from a capital allocation perspective. “We are going to first develop into the 6 GWh capability. However the trade demand in India is rising sooner, so simply to have the option to lead the trade, we are going to broaden capability, particularly across the prismatic cell capability.
As we speak, our capability is the cylindrical cell. We are going to broaden capacities into the prismatic cell capability however solely after we increase capital at a subsidiary stage. And that’s in our plans for this monetary 12 months,” he defined.
Ola Electrical’s cell gigafactory in Tamil Nadu at the moment has 2.5 GWh of operational capability for cylindrical cells.
By the top of the September quarter, Aggarwal expects Ola’s cell gigafactory to produce greater than 2 GWh of cells. “For the entire 12 months, the allocation of capability is 2 GWh to our in-home enterprise, perhaps 1+ GWh to exterior auto gross sales and the remaining is concentrated on Shakti and Mahashakti,” he mentioned.
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Roadster accounts for 15% gross orders
Ola Electrical’s Roadster motorcycle accounted for about 15% of the automaker’s volumes within the March quarter.
Ola Electrical, which led India’s electrical two-wheeler market in FY25, fell to the fourth spot in FY26. The automaker’s month-to-month volumes fell drastically to lower than 10,000 items from November 2025 to February 2026.
However Aggarwal can be hopeful that the corporate will regularly recuperate month-to-month volumes above 20,000 items.
The Ola Electrical chairman and MD had acknowledged that service-associated challenges impacted model belief, main to a decline in gross sales.
“I do count on simply higher stability on service and improved stock availability will lead us to nearer to that 20,000-22,000 quantity over the course of subsequent quarter,” he mentioned.
“I imagine one other couple of months, most probably June, July additionally, we are going to see a persevering with rebound of our volumes. The rebound itself ought to get us to about 17,000-18,000 items a month,” Aggarwal added.
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