diff --git a/charts/opentelemetry-operator/Chart.yaml b/charts/opentelemetry-operator/Chart.yaml
index 6fa7a8636..36ea4c230 100644
--- a/charts/opentelemetry-operator/Chart.yaml
+++ b/charts/opentelemetry-operator/Chart.yaml
@@ -1,6 +1,6 @@
 apiVersion: v2
 name: opentelemetry-operator
-version: 0.6.4
+version: 0.6.5
 description: OpenTelemetry Operator Helm chart for Kubernetes
 type: application
 home: https://opentelemetry.io/
@@ -15,4 +15,4 @@ maintainers:
   - name: alolita
   - name: Aneurysm9
 icon: https://raw.githubusercontent.com/cncf/artwork/a718fa97fffec1b9fd14147682e9e3ac0c8817cb/projects/opentelemetry/icon/color/opentelemetry-icon-color.png
-appVersion: 0.45.0
+appVersion: 0.46.0
diff --git a/charts/opentelemetry-operator/crds/crd-opentelemetrycollector.yaml b/charts/opentelemetry-operator/crds/crd-opentelemetrycollector.yaml
index 5fbb356d5..09b9eea4c 100644
--- a/charts/opentelemetry-operator/crds/crd-opentelemetrycollector.yaml
+++ b/charts/opentelemetry-operator/crds/crd-opentelemetrycollector.yaml
@@ -174,6 +174,10 @@ spec:
                 imagePullPolicy:
                   description: ImagePullPolicy indicates the pull policy to be used for retrieving the container image (Always, Never, IfNotPresent)
                   type: string
+                maxReplicas:
+                  description: MaxReplicas sets an upper bound to the autoscaling feature. If MaxReplicas is set autoscaling is enabled.
+                  format: int32
+                  type: integer
                 mode:
                   description: Mode represents how the collector should be deployed (deployment, daemonset, statefulset or sidecar)
                   enum:
diff --git a/charts/opentelemetry-operator/templates/clusterrole.yaml b/charts/opentelemetry-operator/templates/clusterrole.yaml
index 93301b340..55fa463f8 100644
--- a/charts/opentelemetry-operator/templates/clusterrole.yaml
+++ b/charts/opentelemetry-operator/templates/clusterrole.yaml
@@ -100,6 +100,18 @@ rules:
       - patch
       - update
       - watch
+  - apiGroups:
+      - autoscaling
+    resources:
+      - horizontalpodautoscalers
+    verbs:
+      - create
+      - delete
+      - get
+      - list
+      - patch
+      - update
+      - watch
   - apiGroups:
       - coordination.k8s.io
     resources:
diff --git a/charts/opentelemetry-operator/values.yaml b/charts/opentelemetry-operator/values.yaml
index b1b923461..31a85a23f 100644
--- a/charts/opentelemetry-operator/values.yaml
+++ b/charts/opentelemetry-operator/values.yaml
@@ -13,7 +13,7 @@ nameOverride: ""
 manager:
   image:
     repository: ghcr.io/open-telemetry/opentelemetry-operator/opentelemetry-operator
-    tag: v0.45.0
+    tag: v0.46.0
   collectorImage:
     repository:
     tag: