Sales Dip Unveiled
Recent data reveals a concerning trend for Ola Electric. Specifically, the company is projected to experience a sales decline of over 50 percent in CY25.
This shift positions Ola Electric behind competitor Ather Energy in the market. This decline raises critical questions about the company's strategies, market dynamics, and ability to maintain its growth trajectory in a fiercely competitive environment. The details of this downturn necessitate further examination of the underlying causes, and the specific strategies being implemented to address this trend.
Shakti Battery Unveiled
Alongside the sales challenges, Ola Electric has also been making progress in its product development. The Shakti 9.1kWh battery pack, featuring the 4680 Bharat cell, has successfully secured government certification. This is a significant milestone, suggesting that the company is investing in improving its technology. The Shakti battery is offered in two configurations: a 3kW/5.2kWh option priced at Rs 1,49,999, and a 6kW/9.1kWh variant priced at Rs 2,49,999. The certification and availability of the Shakti battery indicate a focus on innovation and improving the company’s product offerings in the face of market competition.
