Eastman Auto & Power Ltd Signs ₹50 Crore Battery Supply Deal with Vande Bharat E-Vehicles

Eastman Auto & Power
Image Courtesy: Eastman Auto & Power

On May 10, 2025, Eastman Auto & Power Ltd entered into a ₹50 crore annual battery supply agreement with Vande Bharat E-Vehicles. The signing ceremony took place in New Delhi, marking a strategic partnership to support India’s growing electric mobility sector.

Under the agreement, Eastman will supply lithium-ion batteries to power Vande Bharat’s electric three-wheelers, focusing on the commercial segment, including E-Rickshaws used by drivers and fleet operators across the country. This move aims to make clean transportation more viable and affordable for everyday users.

Vande Bharat E-Vehicles, operated by Sahanianand E-Vehicles Pvt Ltd manufactures electric three-wheelers including passenger rickshaws, utility carts, and loaders tailored for Indian roads and usage conditions. The company supports national initiatives like “Atmanirbhar Bharat” and “Make in India” by focusing on locally manufactured components and sustainable mobility solutions.

 “This collaboration is a key moment for us,” said Shekhar Singal, Managing Director, Eastman Auto & Power Ltd. “By combining our advanced battery technology with Vande Bharat’s growing fleet of electric three-wheelers, we’re helping to push India’s transition to cleaner and more efficient transport options.”

Sumit Anand, Director of Vande Bharat E-Vehicles, added, “Partnering with Eastman strengthens our mission to offer practical, eco-friendly mobility to India’s drivers and transport operators. This agreement brings us one step closer to making green logistics and low-emission transportation more accessible.”

Eastman Auto & Power Ltd founded in 2006, is a key player in energy solutions, with expertise in last-mile electric mobility, solar energy systems, and battery storage. The company has a workforce of over 5,000 across eight manufacturing plants in India and operates in more than 50 countries. As the country’s top producer of solar tubular batteries, Eastman supports over 400 OEM partners through an expansive network of distributors and service centers spanning 350 districts.