Summary
A new solution tackles the limited availability of high-performance, safe, and reliable lithium-ion batteries in India by designing and manufacturing battery packs and BMS for EVs and energy storage systems. With a 400 MWh/year manufacturing facility in Chennai and acquisition by Yuma Energy, it offers indigenously developed, reliable solutions, promoting EV adoption and renewable energy integration.To address limited availability of high-performance, safe, and reliable lithium-ion batteries in India, a new solution designs and manufactures battery packs and BMS for EVs and energy storage. This offers indigenous, reliable solutions, promoting EV adoption and renewable energy.
Problem
Limited availability of high-performance, safe, and reliable lithium-ion batteries for EVs and energy storage in India
Impact
Established a 400 MWh per year manufacturing facility in Chennai; acquired by Yuma Energy to strengthen battery technology and manufacturing capabilities
Partners
Miracle , DeX , Wynn , Yulu Bikes , Yuma Energy , Bajaj Auto , Magna International