Nash Energy has partnered with Rinacell Energy to manufacture advanced lithium-ion batteries in India. The collaboration aims to set up a domestic manufacturing line for Nickel Manganese Cobalt (NMC) batteries, catering to the rapidly expanding Indian electric vehicle (EV) market.
The partnership is expected to begin with the production of high-performance NMC 21700 cylindrical cells, boasting energy density of up to 235Wh/kg. These cells will be tailored for applications in electric two-wheelers, three-wheelers, and other EV platforms, supporting India’s clean mobility mission.
Both companies highlighted their commitment to driving energy storage innovation and reducing import dependence. With this tie-up, Nash Energy will contribute its expertise in battery pack integration, while Rinacell will lead on advanced cell chemistry and manufacturing processes.
The manufacturing unit will be established under the “Make in India” initiative, with a focus on sustainable and scalable production. The facility is expected to initially cater to domestic demands and later scale up to export markets in Southeast Asia and Africa.
Executives from both firms emphasized the importance of localized battery cell production to bring down EV costs and strengthen the supply chain. They added that NMC batteries offer a balance of energy density, performance, and lifecycle, ideal for Indian climate and road conditions.
This partnership marks another key milestone in India’s journey toward becoming a global EV hub, aligning with government goals for clean energy adoption and battery self-reliance. The move is anticipated to boost R&D, create local jobs, and foster innovation in energy storage solutions.
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