Eastman Auto and Power Ltd. (EAPL) has forged a strategic alliance with Urja Mobility to supply over 20,000 lithium-ion batteries for electric three- Eastman Auto and Power wheelers in India. The companies formalized the partnership with a Memorandum of Understanding on February 11, 2025, with a focus on battery leasing solutions and technology integration across the nation.
As part of the agreement, Eastman will integrate Urja Mobility’s IoT and software technologies into its lithium battery products, enabling remote monitoring and data analytics. This collaboration is aimed at accelerating the adoption of electric mobility solutions in India’s transport sector.
Through its subsidiary, Eastman New Energy Private Limited, EAPL plans to leverage its leadership in the E-rickshaw battery market to enhance its footprint in the electric three-wheeler segment. The partnership will focus on the development and deployment of lithium-ion battery technology tailored for the EV industry.
Shekhar Singal, Managing Director of Eastman Auto and Power Ltd., emphasized the partnership’s contribution to India’s goals of reducing carbon emissions. Pankaj Chopra, Co-Founder and Director of Urja Mobility, stressed the aim to deliver affordable and dependable battery solutions for electric vehicle operators.
India’s electric three-wheeler market is growing rapidly, driven by government initiatives like the FAME II scheme (Faster Adoption and Manufacturing of Electric Vehicles), which provides incentives for EV purchases and the development of charging infrastructure. With significant growth in the country’s electric vehicle sector, three-wheelers now make up a large share of EV sales. The battery leasing model offers a way to overcome the high initial cost of EVs, making them more accessible to commercial drivers and operators.
This partnership between Eastman and Urja Mobility is another important step toward India’s broader push for sustainable transport, as the nation seeks to reduce fossil fuel reliance and curb urban air pollution. The government aims to achieve 30% electric vehicle penetration by 2030.
Established in 2006, Eastman Auto & Power specializes in energy solutions, including last-mile e-mobility products, solar rooftop systems, and continuous power solutions, operating six advanced manufacturing facilities. With a diverse portfolio that includes automotive batteries, inverters, solar solutions, and e-rickshaw batteries, EAPL has established itself as a trusted brand in both domestic and international markets.
The company is driven by innovation, focusing on sustainable and efficient energy products to cater to the evolving needs of consumers and industries. EAPL is also a key player in promoting green energy solutions, offering advanced solar products to support India’s renewable energy goals. With a strong distribution network and customer-centric approach, Eastman Auto & Power is dedicated to delivering reliable, high-performance products that empower lives and businesses worldwide.