Simple Energy, C4V’s new Indian Li-ion battery ecosystem to aid global leadership plans – EQ Mag Pro
Bengaluru-based electrical two-wheeler producer Simple Energy has signed an MoU with lithium-ion battery know-how firm C4V to arrange a Lithium-ion cell manufacturing ecosystem right here in India.
The partnership is probably a strategic transfer in Simple Energy’s plans to turn out to be the biggest two-wheeler producer on the earth. The EV maker is at present aiming to promote 100,000 items of its Simple One E-scooter in FY 23.
On their newest partnership with C4V, Simple Energy co-founder Shreshth Mishra says, ‘The idea behind the partnership is to combine two indigenous technology, research and development based companies. We want to develop and manufacture products in India. Our motive of working together is to go up against other manufacturers who are parachuting products from other countries and selling them here in India.’
Simple Energy co-founder, Shreshth Mishra
Mishra additionally said that C4V and Simple Energy are assured that merchandise developed from the bottom up right here in India, would honest higher in our situations. He additionally claimed that the partnership will assist in delivering higher efficiency, car vary and security of their battery packs that will probably be utilized in totally different kind components.
Further citing the current incidents of electrical scooters catching hearth, Mishra stated that along with bringing the prices down, creating the cell know-how fully in-house will assist each corporations to scale back their dependency on uncommon supplies, utilized in current cell applied sciences. The new cells will probably be developed preserving Indian parameters in thoughts and can assist in creating the appropriate know-how that will probably be extra environment friendly and fewer susceptible to catching hearth.
Simple Energy’s present plant in Hosur, Tamil Nadu, has a capability to provide 200,000 items every year that may additional be scaled as much as 1 million items. However, the Lithium-ion cell growth and manufacturing ecosystem will probably be arrange on the firm’s second plant in Dharmapuri, unfold over 600 acres. Once accomplished the power is ready to have a complete put in capability of 12.5 million items per yr.
Source : PTI
