Neuron Energy, a leading manufacturer of smart batteries for electric vehicles (EVs), has achieved a significant milestone by receiving the much-coveted Type Approval Certificate (AIS-156 Amendment III) Phase 2 for its L3 and L5 category battery packs. This prestigious certification, awarded for four battery pack models, including 51.2V 100AH, 51.2V 200AH, 60.8V 100AH, and 60.8V 200AH, opens doors to expansion and growth opportunities for Neuron Energy within the burgeoning Indian EV market.
The Type Approval Certificate (AIS-156 Amendment III) Phase 2 acquisition reaffirms Neuron Energy’s commitment to delivering high-quality, reliable, and compliant energy solutions for the EV industry. Since its founding in 2018, Neuron Energy has been rapidly expanding and now aims to increase its certifications from the current four models to twenty, covering battery packs for electric two-wheelers and three-wheelers. The company is also focused on expanding its research and development team to further enhance its offerings.
Additionally, Neuron Energy has ambitious plans to develop lithium-ion smart batteries for electric two-wheelers and three-wheelers, and it is venturing into batteries for drone applications. With the latest certification in hand, the company is well-prepared to lead the way in providing efficient and sustainable energy solutions for the fast-growing Indian EV sector.
Recently, Neuron Energy achieved another milestone by securing INR 200 million in its Pre-Series A Round. The funding round was led by Equanimity Investments and the Rajiv Dadlani Group, with participation from the Chona Family Office (Havmor Group), Kayenne Ventures, and other esteemed Family Offices and High Net Worth Individual (HNI) investors.
Pratik Kamdar, CEO & Co-Founder of Neuron Energy, expressed his excitement about the certification, saying, “We are thrilled to receive this approval, enabling us to contribute to the rapidly evolving EV sector in the country. This certification reinforces our commitment to providing customers with enhanced experiences and building their trust in electric vehicles by ensuring utmost safety and security.”
India’s EV industry has been witnessing significant growth, largely due to government incentives and favourable policies that encourage the adoption of electric vehicles. The presence of cost-effective and technologically advanced electric models in the L3 and L5 categories has also contributed to the surge in sales momentum within the sector. As Neuron Energy emerges as a key player with the prestigious Type Approval Certificate (AIS Amendment III) Phase 2 for its L3 and L5 category battery packs, it is poised to play a crucial role in the ongoing transformation of the Indian automotive landscape towards a sustainable and efficient future of electric mobility.
Neuron Energy Pvt Ltd, headquartered in Mumbai, Maharashtra, was founded in 2018 with a mission to significantly contribute to the electric mobility landscape. The company specializes in providing lead-acid and lithium-ion technology smart batteries for E-Bikes, E-Rickshaws, and Golf Carts. With a large export and domestic network, Neuron Energy is actively involved in the sales of E-Bike batteries. Under the guidance of its Promoters, Pratik Kamdar and Raj Shah, the company has witnessed rapid growth and expanded its presence across multiple depots and distributors in India. Furthermore, Neuron Energy has expanded its export footprint to the Middle East, Europe, and South-East Asia.
