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 reliable and scalable EV charging infrastructure in India
Impact
Deployed over 70,000 chargers across India and Southeast Asia; acquired Tritium to expand global footprint; aims for EV charger business to contribute 50% of revenue by 2030
Partners
Jio , BSNL , MTNL , Mahindra & Mahindra Ltd. , MG Motors Limited , JBM Limited , Hyundai , Volvo , Motors.
