- Atul Auto
- Atul Greentech
- Exide Energy Solutions
- Exide Industries
- lithium-ion
- battery packs
- lithium cell
- Dr. Vijay Kedia
- Dr Mandar V Deo
Atul Greentech Inks MoU With Exide Energy Solutions For Sourcing Lithium-ion Cells And Battery packs
- By MT Bureau
- October 23, 2024
Atul Greentech, a subsidiary of Atul Auto (AAL), has entered into a non-binding Memorandum of Understanding (MoU) with Exide Energy Solutions (EESL) to explore the possibility of EESL supplying lithium-ion cells and battery packs to AGPL for use in their electric vehicles.
Atul Auto is an automobile manufacturer, specialising in the production of three-wheeler, catering to both passenger and cargo transport segments. It has a strong presence in both domestic and international markets, supported by a widespread dealer network.
Atul Greentech focusses on the development and manufacturing of electric vehicles for last-mile mobility solutions.
Kolkata-based Exide Industries is a leading lead-acid battery supplier in India has over 75 years of experience and market leadership in lead-acid batteries. EESL is a wholly owned subsidiary company of Exide Industries, which was established in 2022 to foray into the business of manufacturing of lithium-ion cells, modules, and packs incorporating a portfolio of multiple chemistries and form factors.
The MoU aims to formalise the intent of AGPL to onboard EESL as a supplier and secure lithium-ion cells and battery packs from EESL, for use in its electric vehicles.
Atul Greentech proposes to source the lithium-ion battery packs from Exide’s manufacturing facility in Prantij, Gujarat, and source the lithium-ion cells from EESL once it commences production at its lithium-ion cell manufacturing facility in Bengaluru, Karnataka. The specifics of this arrangement will be outlined in a forthcoming definitive agreement.
Dr. Vijay Kedia, Director, Atul Auto said, “The proposed arrangement with EESL is likely to mark a significant milestone in India's journey towards electrifying its transportation sector. With the integration of domestically manufactured lithium-ion cells, this MoU not only strengthens India's self-reliance but also sets the stage for a sustainable and innovative future in electric mobility, driving the nation forward.”
Dr Mandar V Deo, Joint MD, Exide Energy Solutions said, “The proposed arrangement reinforces both companies' dedication to advancing the electric vehicle industry by guaranteeing a consistent and reliable supply of state-of-the-art lithium-ion battery packs and technology. Exide has also been a longstanding supplier of batteries for Atul Auto's conventional vehicle range, a relationship that has spanned many years. The proposed arrangement is expected to accelerate the development and production of electric vehicles, contributing to the growth of sustainable transportation solutions in India.”
Jakson Group Reports INR 90 Billion Revenue For FY2026, Enters E-3-Wheeler Segment
- By MT Bureau
- April 13, 2026
Jakson Group, a leading diesel genset manufacturer, has announced an expansion of its energy solutions range following a financial year where revenue exceeded INR 90 billion (GBP 850 million).
The Group has expanded its presence across five new categories – Genset Xtra, Battery Energy Storage Systems (BESS), Solar Kits, Mobile Light Towers and electric three-wheelers. This move is intended to broaden the company's presence across power generation, storage and sustainable transport.
The entry into electric mobility follows a partnership with a Bengaluru-based firm to develop research-backed three-wheelers. This adds a transport component to Jakson’s existing operations in solar power, green molecules and infrastructure engineering, procurement and construction (EPC).
Established in 1947, the group operates six manufacturing facilities and maintains a workforce of 3,500 employees serving approximately 100,000 customers.
Jakson Group is positioning itself as an integrated provider for the energy transition, moving from its origins in diesel generator manufacturing toward a diversified portfolio that includes alternative fuels and civil EPC services. With 12 international offices, the group is looking to align its domestic manufacturing scale with global energy requirements.
Sameer Gupta, Chairman, Jakson, said, “At Jakson, our mission has always been to power progress through innovation. With FY26 revenue of over INR 90 billion, Jakson today has both the scale and the responsibility to shape future-ready energy solutions. This portfolio expansion reflects our commitment to building an integrated energy ecosystem that is reliable, responsible and aligned with the evolving needs of customers in India and global markets.”
Sundeep Gupta, Vice-Chairman, Jakson, added, “The market today is looking for energy solutions that are efficient, dependable and future-ready. With this expanded portfolio, Jakson is strengthening its position as a diversified player serving evolving customer needs across sectors.”
Lloyds Metals And Energy Completes World-First Electric Conversion Of Liebherr Excavator
- By MT Bureau
- April 13, 2026
Lloyds Metals and Energy (LMEL) has completed the diesel-to-electric conversion of a Liebherr R996 excavator, marking the first time a mining machine in this category has been retrofitted for fully electric operations.
The project was executed by the company's internal engineering and technology teams and involved a redesign of the vehicle's power architecture and control systems. The shift to electric power is intended to eliminate carbon dioxide emissions associated with the machine's operation while reducing reliance on diesel fuel.
The engineering process included the development of proprietary digital monitoring and safety solutions to manage the high-power requirements of the heavy-duty excavator. By sourcing and engineering major subsystems within India, the project serves as a demonstration of domestic capability in advanced heavy engineering and sustainable industrial innovation.
LMEL expects the conversion to improve operational performance through the use of real-time diagnostics and predictive maintenance.
Established in 1977, LMEL operates iron ore mines in Maharashtra and is expanding its integrated steel operations. The company currently produces 0.7 MTPA of direct reduced iron (DRI) and has commissioned a 4 MTPA pellet plant, with long-term plans to increase iron ore dispatch capacity to 26 MTPA. Its sustainability strategy includes the deployment of electric vehicle fleets and the construction of slurry pipelines to lower transport-related emissions.
B Prabhakaran, Managing Director, Lloyds Metals and Energy, said, “This landmark achievement, is not just about electrifying a machine – it is about reimagining the future of mining. At LMEL, we believe that responsible mining and sustainability must go hand in hand. This achievement demonstrates India’s capability to deliver world-class, zero-emission solutions in even the most complex and heavy-duty environments. We are proud to contribute to a future where mining is both productive and environmentally responsible.”
- Tata Motors
- Prima E.55S
- BillonE Mobility
- i-MoEV
- Kartikey Hariyani
- ChargeZone
- Sanjeev Kulkarni
- Rajesh Kaul
Tata Motors Commences Deliveries Of Electric Prime Movers To BillionE Mobility
- By MT Bureau
- April 10, 2026
Tata Motors, one of the leading commercial vehicle manufacturers, has begun delivering the first batch of Prima E.55S electric prime movers to BillionE Mobility, as part of an order for 250 units of the EV.
The fleet is scheduled for phased deployment across freight corridors in Gujarat, Rajasthan, Tamil Nadu, Karnataka, Maharashtra, Haryana and the Delhi NCR region to transport industrial goods including steel and cement.
The Prima E.55S is constructed on the i-MoEV architecture and utilises a 450 kWh battery pack, which is claimed to be the largest in its category. The e-truck comes with a claimed range of up to 350 km on a single charge and features an integrated e-axle, a three-speed automatic transmission and dual-gun fast-charging capabilities.
In terms of safety it get a driver monitoring system, lane departure warning and an electronic braking system.
BillionE Mobility intends to scale its heavy-duty logistics operations to 1,500 units over the next 18 months through this strategic partnership. Tata Motors supports its alternative fuel portfolio through the Sampoorna Seva 2.0 initiative and a service network comprising 3,200 touchpoints across India.
Kartikey Hariyani, Founder of BillionE & ChargeZone, and Sanjeev Kulkarni, CEO of BillionE Mobility, said, “Our focus at Billion Electric Mobility is on building electric commercial vehicle solutions that can be deployed reliably, and at scale across real freight operations for inter-city routes. We are entering into a strategic partnership with Tata Motors as we aim to accelerate our commitment for systematic large-scale acquisition and month on month planned pipeline for deployment 6 to 18 months targeting 1,500 units of heavy‑duty logistics in India. The Tata Prima E.55S delivers the performance, reliability and operational efficiency required for intensive logistics solutions across various applications. We are pleased to induct Prima E.55S 450kWh, India’s largest in-class battery capacity of 450 kWh to enhance our long-haul logistics capabilities.”
Rajesh Kaul, Vice-President and Business Head – Trucks, Tata Motors, said, “Electric trucking scales when vehicles are built for real operating conditions – duty cycles, uptime, energy efficiency and total cost of ownership. Developed with this application‑led approach, the Prima E.55S brings together India’s first high‑performance e‑axle, an advanced battery management system and dual charging ports, supported by a segment‑leading 450 kWh battery pack designed for extended range and demanding duty cycles. These technologies translate into strong performance, higher uptime and lower operating costs, enabling customers to achieve faster payback. Our close collaboration with BillionE Mobility has ensured alignment across the vehicle and the supporting ecosystem, enabling dependable electric operations across key freight corridors.”
Switch Mobility Deploys Electric Intercity Coaches On Mumbai–Pune Route
- By MT Bureau
- April 10, 2026
Switch Mobility, the electric vehicle division of the Hinduja Group, has delivered the first 10 units of its EiV12mt intercity electric coaches to Prasanna Purple Mobility Solutions.
The e-buses were inaugurated in Pune and will operate on the Mumbai–Pune corridor. This deployment represents the manufacturer's first supply of intercity coaches to a private sector operator and facilitates the entry of Prasanna Purple Mobility Solutions into the electric intercity segment.
The delivery is part of a larger order for 25 electric buses being deployed in partnership with Vertelo. The remaining units are scheduled for delivery throughout the year. The EiV12mt coach is designed for long-distance operations, featuring 45 pushback seats and a range exceeding 300 km per charge. The vehicle incorporates fast-charging technology and the Switch iON connected system for real-time fleet monitoring and data analysis.
Till date, Switch Mobility has deployed over 2,500 electric buses in India to date and has previously supplied intercity vehicles to state transport undertakings such as UPSRTC. The company intends to scale its presence in the intercity segment as operators transition from internal combustion engines to electric propulsion for high-frequency travel corridors.
Ganesh Mani, CEO, Switch Mobility, said, “The flag-off marks another important step in expanding electric mobility beyond cities and strengthening our presence in the intercity segment. This partnership reflects the growing confidence in electric buses for high-frequency routes like Mumbai–Pune, where performance, reliability, and efficiency are critical. As we commence deliveries, with the first set of buses now deployed, we look forward to progressively scaling this engagement with Prasanna Purple Mobility Solutions in the period ahead. At Switch Mobility, we are focused on delivering solutions through the EiV12 platform that are not only sustainable but also commercially viable for operators, while ensuring a superior passenger experience. With intercity mobility continuing to evolve, we are building on our experience in the segment and remain committed to accelerating the adoption of reliable, efficient, and future-ready electric mobility solutions.”
Prasanna Patwardhan, CMD, Prasanna Purple Mobility Solutions, added, “Entering the intercity segment with electric mobility is a significant milestone for us. Through this collaboration, we are introducing a cleaner and more efficient travel option on the Mumbai–Pune route. We remain focused on enhancing the overall journey experience while moving towards more sustainable operations. With Switch Mobility we value our partnership for long term E Mobility Solutions.”

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