Grinntech, a startup focused on Lithium-Ion batteries for electrical vehicles (EVs) and energy storage systems announced the inauguration of their larger manufacturing plant in Chennai.
The new manufacturing plant is built on a one-acre plot, it will have a capacity to produce 400 MWh per year of Lithium-Ion batteries suitable for electric two-wheelers, three-wheelers, farm tractors, and light vehicles.
Recounting their achievements, the Co-Founder of Grinntech Puneet Jain stated, “Our state-of-the-art plant is a modern facility that will leverage the infrastructural and supply chain advantages of our strategic location. We have installed an optimal level of automation and have deployed contemporary quality control principles keeping in mind the quality expectations of our customers and our own productivity and safety targets.”
Additionally, with a wide range of batteries, the facility will also manufacture Grinntech’s exclusive and award-winning Battery Management Systems to address the anticipated growth of Electric Vehicles (EVs) in India. The new plant is also provided with state-of-the-art features and maintains high standards for quality and safety.
“We have had a growing number of inquiries and are engaged in a number of projects across our target segments from start-ups, established OEMs, and also overseas customers. This new facility which also includes a modern R&D wing, which will help us address the growing demands more rapidly,” commented Nikhilesh Mishra, Co-Founder of Grinntech.
Founded in 2018, Grinntech works on Lithium-ion cells to pack technology and supplies Li-ion battery packs for multiple EV applications. The startups’ expertise in the subject matter has been acknowledged by big OEMs and it is working with many of them for their upcoming EVs. The technology is indigenously developed and helps cater to the application-specific needs of the Indian EV industry. They are based out of IIT Madras Research Park.
Earlier in October 2020, the company had signed a memorandum of understanding with the Government of Tamil Nadu requiring investments of ₹100 crores.