Neuron Energy, a prominent EV battery manufacturer, has teamed up with a leading original equipment manufacturer (OEM) to establish a specialized facility for producing lithium-ion battery packs for electric two-wheelers. The facility is set to produce 3,000 battery packs monthly, generating a total energy output of 100 megawatt-hours (MWh). With an investment of ₹150 crore, production capacity will be increased to 150 MWh over the next two years, strengthening India’s role in the global EV industry.
Pratik Kamdar, CEO and Co-Founder of Neuron Energy, stated, “This collaboration marks a key step in revolutionizing the electric two-wheeler segment with advanced lithium-ion solutions. By leveraging our expertise in battery technology and the OEM’s market strength, we aim to deliver superior performance and reliability to consumers.”
This partnership supports the Indian government’s mission to accelerate EV adoption by addressing crucial challenges, including improving battery efficiency, reducing costs, and scaling production. The dedicated manufacturing hub is expected to significantly meet the rising demand for electric two-wheelers across the country.
Neuron Energy offers a diverse range of EV battery solutions, including lead-acid, lithium-ion, and sodium-ion technologies, catering to a variety of applications beyond conventional vehicles. India’s EV market is witnessing rapid growth, propelled by government incentives, environmental concerns, and advancements in battery technology. Electric two-wheelers are particularly gaining traction due to their cost-effectiveness and practicality in urban and semi-urban settings.
Lithium-ion batteries have transformed the EV landscape with their high energy density, extended lifespan, and faster charging capabilities compared to traditional lead-acid batteries. However, challenges such as high production costs and limited domestic manufacturing capacity have slowed widespread adoption. Partnerships like this are crucial to expanding production and lowering costs.
Government initiatives, including the Faster Adoption and Manufacturing of Electric Vehicles (FAME) schemes, have further boosted EV adoption. These measures include subsidies for buyers, incentives for manufacturers, and investments in charging infrastructure, fostering an ecosystem ripe for innovation and collaboration.
Neuron Energy is a fast-growing energy solutions provider specializing in the manufacturing of high-quality lithium-ion and lead-acid batteries for a range of applications, including electric vehicles (EVs) and renewable energy storage. With a strong focus on innovation, the company develops cutting-edge battery technologies designed to meet the evolving demands of sustainable mobility and energy efficiency. Neuron Energy is committed to driving the transition to clean energy through its reliable and eco-friendly solutions. By integrating advanced technology and rigorous quality control, the company ensures high performance and durability in its products, catering to both domestic and international markets.
