Grinntech To Boost Up Lithium-Ion Batteries Production in New Manufacturing Plant
- Grinntech, a startup concentrated on Lithium-Ion batteries for electrical vehicles (EVs) as well as power storage space systems revealed the commencement of their bigger manufacturing plant in Chennai.
The new manufacturing plant is improved a one-acre story, it will have a capability to create 400 MWh each year of Lithium-Ion batteries suitable for electrical two-wheelers, three-wheelers, farm tractors, and light cars.
Stating their achievements, the Co-Founder of Grinntech Puneet Jain stated, "Our cutting edge plant is a modern-day center that will certainly utilize the infrastructural and also supply chain benefits of our critical location. We have actually set up an ideal level of automation and have actually deployed modern quality assurance principles bearing in mind the quality assumptions of our customers as well as our very own productivity and security targets."
Additionally, with a vast array of batteries, the center will additionally manufacture Grinntech's exclusive and prize-winning Battery Management Systems to deal with the expected growth of Electric Vehicles (EVs) in India. The brand-new plant is also offered with cutting edge features as well as keeps high standards for top quality and security.
"We have had a growing variety of inquiries as well as are engaged in a variety of tasks throughout our target segments from startups, developed OEMs, and likewise abroad customers. This brand-new center which additionally includes a modern-day R&D wing, which will assist us attend to the expanding needs extra rapidly," commented Nikhilesh Mishra, Co-Founder of Grinntech.
Established in 2018, Grinntech works with Lithium-ion cells to load innovation and also materials Li-ion battery packs for multiple EV applications. The start-ups' experience in the topic has been recognized by large OEMs as well as it is working with a number of them for their upcoming EVs. The modern technology is indigenously created and aids accommodate the application-specific demands of the Indian EV industry. They are based out of IIT Madras Research Park.
Previously in October 2020, the firm had actually signed a memorandum of comprehending with the Government of Tamil Nadu needing financial investments of 100 crores.