Neuron Energy, a prominent electric vehicle (EV) battery manufacturer, has formed a partnership with a leading two-wheeler original equipment manufacturer (OEM) to establish a manufacturing facility dedicated to producing lithium-ion battery packs for electric two-wheelers.

The facility is designed to produce 3,000 battery packs per month, with a total energy output of 100 megawatt-hours (MWh).

Over the next two years, production capacity will be expanded to 150 MWh through an investment of Rs. 1.5 billion (US$ 18 billion), further solidifying India's position as a global leader in the EV ecosystem.

Pratik Kamdar, CEO and Co-Founder of Neuron Energy, stated, "This partnership marks a significant milestone in our efforts to enhance the electric two-wheeler market with advanced lithium-ion technology. By collaborating with the OEM, we are combining our expertise in battery technology with their market leadership to provide unmatched performance and reliability to consumers."

The collaboration aligns with the Indian government's vision of accelerating EV adoption by addressing key challenges such as battery performance, affordability, and scalability. The establishment of a dedicated manufacturing hub with robust production capabilities is expected to play a crucial role in meeting the growing demand for electric two-wheelers in India.

Neuron Energy is an EV battery manufacturer offering a wide range of mobility solutions, from lead-acid to advanced lithium-ion and sodium-ion technologies. The company focuses on quality and innovation and serves diverse applications beyond traditional vehicles.

India's electric vehicle market has experienced rapid growth, driven by government incentives, environmental concerns, and advancements in battery technology. The two-wheeler EV segment, in particular, has gained significant momentum due to its affordability and practicality in urban and semi-urban areas.

Lithium-ion batteries are considered a game-changer in the EV industry due to their higher energy density, longer lifespan, and faster charging capabilities compared to traditional lead-acid batteries.

However, challenges such as production costs and limited local manufacturing have hindered widespread adoption, making joint ventures like this essential for scaling production and reducing costs.

The Indian government has introduced several initiatives, such as the Faster Adoption and Manufacturing of Electric Vehicles (FAME) schemes, aimed at promoting EV adoption. These include subsidies for EV buyers, incentives for manufacturers, and investments in charging infrastructure, creating a favourable ecosystem for partnerships and innovation.