In a significant move to bolster the electric vehicle (EV) infrastructure in India, Fasmho Energy and Cyantron Synergies have entered into a groundbreaking partnership to co-develop and manufacture high voltage battery systems tailored for electric buses and trucks. This collaboration is set to revolutionize the EV sector with an estimated value of over US$ 180 million in the next three years, positioning the partnership as a pivotal player in meeting India’s surging demand for advanced energy storage solutions.
Fasmho Energy, renowned for its cutting-edge EV battery management technology, and Cyantron Synergies, a leader in manufacturing advanced battery packs, aim to leverage their combined expertise to deliver globally benchmarked, reliable energy storage solutions. This initiative marks a significant milestone in promoting domestic production and reducing import dependence for critical EV components in India.
Abdul Azeez Khan, CEO of Fasmho Energy, highlighted the timely nature of this partnership amidst India’s EV revolution. “With an increasing number of towns and cities opting for clean, energy-efficient electric public transport, there is a pressing need for indigenous, high voltage energy storage solutions. Our collaboration with Cyantron Synergies is poised to meet this demand, offering advanced and intelligent integrated energy storage for high voltage applications and supporting the Make in India initiative for EV manufacturers.”
Mohammed Ubeduddin, Director of Cyantron Synergies, emphasized the critical need the partnership addresses. “Our extensive experience in the EV domain has revealed a gap in reliable electrical monitoring for advanced energy storage solutions. By combining Cyantron’s expertise in cell design and manufacturing with Fasmho’s intelligent battery management, we’re set to provide a robust and intelligent energy storage solution that integrates seamlessly into the EV ecosystem.”
This strategic alliance is not only a step towards enhancing the efficiency and reliability of EVs in India but also reinforces the commitment of both companies to support the country’s transition to a greener future.
Fasmho Energy is at the forefront of intelligent EV battery management technology, offering innovative solutions designed to enhance the performance and reliability of electric vehicles. With a focus on pioneering sustainable and efficient energy storage, Fasmho Energy is dedicated to advancing the EV sector in India and beyond.
Cyantron Synergies specializes in the design, development, and manufacture of advanced battery packs for the electric vehicle industry. With a commitment to excellence and innovation, Cyantron Synergies aims to deliver high-quality, reliable energy solutions that propel the adoption of electric vehicles and contribute to a sustainable future.
