Kinetic Group Invests ₹50 Crore to Manufacture EV Batteries in India

Key Highlights of Kinetic's New EV Battery Plant

Kinetic Green has taken a major step towards sustainable mobility with its new EV battery plant, aiming to enhance energy efficiency and innovation.

• Investment & Location: ₹50 crore facility set up in Ahmednagar, Maharashtra.
• Production Capacity: 60,000 battery packs per year under the Range-X brand.
• Battery Technology: Lithium Iron Phosphate (LFP) & Nickel Manganese Cobalt (NMC) batteries.
• Focus on Three-Wheelers: Batteries designed for high performance, safety, and longevity.
• Expansion Plans: Supplying batteries to OEMs beyond Kinetic Group's in-house needs.

Enhancing Battery Technology for Electric Three-Wheelers

The Ahmednagar facility will primarily focus on producing Range-X brand battery packs, specially engineered for electric three-wheelers. These batteries integrate cutting-edge technologies like smart Battery Management Systems (BMS) and thermal runaway protection, ensuring enhanced durability and efficiency.

Ajinkya Firodia, Vice Chairman and Managing Director of Kinetic Group, highlighted the company's vision, stating, "This investment strengthens our commitment to India's EV ecosystem. The Range-X batteries are designed to provide reliability and longevity, empowering businesses dependent on electric three-wheelers."

Sustainability and Innovation at the Core

Kinetic's new facility incorporates automation and smart technology to deliver clean energy solutions for the EV industry. A key focus is on the development of prismatic cell technology, catering to the increasing adoption of electric three-wheelers in last-mile connectivity and commercial transportation.

India’s EV sector is projected to grow at a CAGR of 28.52%, reaching $18.319 billion by 2029. With rising demand for electric three-wheelers, Kinetic Group’s investment aligns with the government’s Make in India initiative and Production-Linked Incentive (PLI) schemes, driving domestic manufacturing in the EV battery segment.

Advanced Battery Technology for Safety & Performance

The Range-X LFP batteries stand out for their stable chemical composition, reducing risks associated with overheating. These batteries perform efficiently under extreme temperature conditions, making them an ideal choice for commercial three-wheelers operating in diverse climates.

Additionally, Kinetic Group is set to manufacture NMC batteries that offer higher energy density, ensuring longer operational range and superior power efficiency. This technological advancement will significantly benefit electric three-wheeler operators who require consistent battery performance for their daily operations.

A Promising Future for India’s EV Battery Industry

Kinetic Group’s investment in EV battery manufacturing is a strategic step toward reducing import dependency and strengthening India's position as a key player in the global EV market. With its new facility in Ahmednagar, the company aims to accelerate the adoption of electric three-wheelers by providing reliable, high-quality battery solutions.

As India transitions toward sustainable mobility, Kinetic’s expansion into battery manufacturing will play a crucial role in powering the country’s shift to clean energy transportation.

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