2 hrs ago
Maxvolt Energy Begins ₹700-Crore Battery Facility In Aligarh
Maxvolt Energy is building a large battery factory in Aligarh, India.
The project will cost ₹700 crore.
The factory will be built in two stages, with each stage making 5 GWh of batteries every year.
When finished, it will help Maxvolt make 10 GWh of batteries annually at the new site.
The batteries can be used in electric scooters, three-wheelers and cars.
They can also support electricity storage, telecom systems and backup power.
The company expects the project to create thousands of jobs.
Maxvolt says the factory is being built because many industries need more batteries.
Maxvolt Energy has started work on a ₹700-crore battery manufacturing facility in Aligarh, Uttar Pradesh.
The plant will be built across nearly six acres in two phases, with 5 GWh of annual capacity planned for each phase.
Once complete, the facility will add 10 GWh annually, taking Maxvolt’s planned total capacity to 12.5 GWh with its Duhai plant.
The facility will produce batteries for electric two-, three- and four-wheelers, energy storage, telecom infrastructure and power backup systems.
The project is expected to create 1,500–2,000 direct jobs and up to 10,000 indirect employment opportunities.
- Who
- Maxvolt Energy Industries Ltd., with participation from Uttar Pradesh government officials, company executives and industry stakeholders.
- What
- Construction has begun on a ₹700-crore battery manufacturing facility planned to reach 10 GWh of annual capacity.
- Where
- Aligarh, Uttar Pradesh, India, across nearly six acres.
- When
- The project was formally inaugurated with a Bhoomi Pujan ceremony; the articles do not specify a date.
- Why
- To expand battery manufacturing, enter the four-wheeler electric vehicle battery segment and meet demand from mobility, energy storage, telecom and backup-power markets.
Key facts
- Investment
- ₹700 crore
- Location
- Aligarh, Uttar Pradesh
- Planned facility capacity
- 10 GWh annually in two phases
- Maxvolt planned total capacity
- 12.5 GWh annually, including the existing Duhai facility
- Supported applications
- Electric two-, three- and four-wheelers, energy storage, telecom infrastructure and power backup
- Expected direct jobs
- 1,500–2,000
- Expected indirect jobs
- Up to 10,000
- Dealer and OEM network
- More than 950 dealers across 22 states and over 30 OEM partners
Sources
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