An Indian renewable energy company is seeking a Joint Venture partner to facilitate a technical collaboration for the expansion of business operations in the growing Li-ion battery market.
The company is part of a group (founded in 1980) of six companies ranging across different industries such as paper, printing, packaging, and hospitality. With over 40 years of cumulative experience, the company is known for its environmentally friendly products and use of state-of-the-art manufacturing facilities. In 2020, it ventured into the green energy space and commenced commercial production of batteries for 2W and 3W EVs in 2021.
At present, the company can manufacture the following types of batteries:
Electric Vehicles-
Solar - 12.8V batteries with capacities ranging from 12-100 Ah
Telecom - 48V batteries with capacities of 75 Ah and 100 Ah
N/A
The company is seeking to expand its operations in the Indian market through a technical collaboration with an overseas energy solution provider. It aims to enter the growing Indian Li-ion battery market and target the EV, telecom, and solar sectors by leveraging its strong presence in the country and a well-equipped manufacturing set-up.
SHOW INTEREST