Epsilon Advanced Materials, Phillips 66 Partner To Power US EV Battery Manufacturing
- By MT Bureau
- September 26, 2025

Epsilon Advanced Materials (EAM), a leading global manufacturer of sustainable battery materials, and Phillips 66 have forged a strategic alliance to bolster the domestic electric vehicle (EV) and energy storage system (ESS) battery supply chain in the United States.
Phillips 66, one of the world’s leading producers of Green and Calcined Needle Coke cokes, which are the critical feedstock required for manufacturing synthetic graphite anodes – a core component of lithium-ion batteries.
As per the understanding, Phillips 66 will supply Green and Calcined Needle Coke from its Lake Charles, Louisiana refinery to Epsilon Advanced Materials. The feedstock secured through this partnership will directly support EAM's ambitious new 30,000 tonnes graphite active anode material facility currently under development in North Carolina.
The facility has completed all necessary permitting milestones and is on track to begin operations in 2027, with an expansion plan to reach 60,000 tonnes by 2030. Once fully operational, the North Carolina plant is projected to supply U.S. battery manufacturers and automotive OEMs with enough graphite active anode material to power approximately million electric vehicles annually, playing a decisive role in scaling sustainable battery production for the nation and enabling clean energy transitions.
Vikram Handa, Managing Director, Epsilon Advanced Materials, said, “This collaboration is a major step in building a secure and sustainable battery materials supply chain for the US. Phillips 66’s expertise in energy and materials, combined with EAM’s capacity and global presence, will ensure reliable, scalable and sustainable graphite anode production to power the EV and ESS industries worldwide.”
The agreement successfully brings together Phillips 66’s operational expertise in material production with EAM’s global expansion goals, reinforcing the collective effort to build a competitive and resilient supply chain for clean energy technologies across multiple regions.
Indian Forging Sector Charts Growth Roadmap Amidst EV-ICE Transition At AIFI Annual Convention
- By MT Bureau
- September 26, 2025
The Association of Indian Forging Industry (AIFI), the apex body for the forging sector, successfully concluded its National Annual Convention in Pune, bringing together industry leaders, policymakers and experts to strategise on the future of the Indian forging industry.
The landmark event focused on charting a clear growth roadmap, exploring opportunities amidst global supply chain disruptions and analysing the evolving outlook for both Electric Vehicles (EVs) and Internal Combustion Engines (ICE).
In his inaugural address, Yash Munot, President, AIFI, emphasised the industry’s need to balance the dual imperatives of sustainability and competitiveness. "India’s automotive and mobility sectors are undergoing unprecedented transformation. At AIFI, we firmly believe that collaboration across industry, academia and policymakers is the key to shaping a resilient future," he stated.
A core theme of the convention was the delicate balance between the EV transition and the continuing relevance of ICE technology in India.
Dr K C Vora of NAMTECH delivered a keynote on the ‘Future of EV & ICE in Indian Scenario,’ highlighting the critical role of EV adoption, supported by policies like FAME II, while stressing the need for continued optimisation of ICE platforms given India's diverse mobility ecosystem.
The second keynote by Prenayan Kaul of PwC focused on navigating global supply chain disruptions, urging forging companies to leverage technology-driven efficiencies and tap into new growth areas to counter headwinds like raw material volatility.
A major highlight of the convention was the signing of a Memorandum of Understanding (MoU) between AIFI and Hexagon. This strategic partnership aims to advance digitalisation and smart manufacturing capabilities within the forging sector, a move AIFI President Munot cited as a testament to the commitment to global competitiveness.
A dynamic panel discussion on ‘Current Industry Scenario - Trends, Opportunities & Challenges,’ moderated by S Muralishankar, further reinforced the importance of resilience, innovation and collaborative growth in tackling current industry trends and governmental policies.
The convention concluded with a reaffirmation of AIFI's mission to strengthen the sector’s role as a vital contributor to India’s economic growth, aligning actively with national priorities such as ‘Atmanirbhar Bharat’ and the transition towards sustainable mobility.
L&T Tech, Siemens Expand Partnership To Accelerate AI Transformation & Smart Manufacturing
- By MT Bureau
- September 26, 2025

Bengaluru-based engineering R&D services major L&T Technology Services has expanded its partnership with Siemens, a leading technology company focused on industry, infrastructure and mobility.
The partnership aims to advance Machine & Line Simulation and IIoT Technology, setting a new benchmark for innovation within LTTS’ sustainability segment, which encompasses process engineering, discrete manufacturing and industrial products.
As per the understanding, LTTS will leverage the digital technology portfolio of Siemens to deliver simulation-driven automation and IIoT-enabled solutions for diverse sectors including automotive & transportation, industrial products and process & plant engineering.
By combining Siemens’ flagship platforms, TIA Portal, Industrial Edge and Tecnomatix, integrated with LTTS’ AI-driven engineering expertise, the partnership will accelerate digital adoption, improve precision in system design and drive faster, smarter decision-making across manufacturing ecosystems.
Alind Saxena, President & Executive Director – Mobility & Tech, L&T Technology Services, said, “Our collaboration with Siemens underscores a shared vision of driving AI-powered innovation and operational excellence across industrial ecosystems. By focusing on robust solutions such as Machine & Line Simulation and IIoT Technology, we are empowering industries to achieve greater agility, actionable insights and measurable business outcomes.”
Suprakash Chaudhuri, Head of Digital Industries, Siemens, said, “At Siemens, we believe that partnerships are the cornerstone of the digital transformation journey for Indian enterprises. By combining deep domain expertise with cutting-edge digital solutions, we can co-create scalable, future-ready innovations that empower industries to thrive in a rapidly evolving world. We are delighted to welcome LTTS as our Solution Partner and look forward to shaping the future of digital transformation together.”
Kinetic India Rolls Out Range-X LFP Battery From Ahilya Nagar Facility
- By MT Bureau
- September 25, 2025

Kinetic India, part of the Kinetic Engineering Group, has rolled out the first unit of its LFP (lithium iron phosphate) Range-X battery from the production line at its Ahilya Nagar facility.
The Range-X LFP battery is powering the company’s recently launched Kinetic DX EV electric scooter. The company shared that the Range-X LFP batteries are designed to be longer, safer & superior, and are equipped with a smart Battery Management System (BMS) to optimise performance, extend lifecycle and ensure consistent reliability.
Ajinkya Firodia, Vice-Chairman, Kinetic India, said, “These first batteries rolling off our production line represent more than just a milestone for Range-X, they signify the backbone of the Kinetic DX EV and the next wave of clean mobility in India. With AIS 156 certification, Range-X delivers on its promise of combining durability, safety, and sustainability in every battery we produce.”
Montra Electric To Unveils New eHCV Manufacturing Plant In Manesar
- By MT Bureau
- September 24, 2025

Montra Electric, the clean mobility brand of the Murugappa Group, is set to officially open its advanced electric heavy commercial vehicle (eHCV) manufacturing facility in Manesar, Gurgaon.
The new factory, which spans 255,000 square feet, boasts an annual production capacity of 6,000 units, with the ability to scale up to 7,500 units. It is designed to be highly flexible, capable of producing various vehicle models, including the company’s Rhino EV series.
A key highlight of the facility is India’s first all-women, fully automated battery production unit, a move that underscores Montra Electric's commitment to gender inclusivity and empowerment in the EV sector. The plant also incorporates Automated Guided Vehicles (AGVs) and advanced robotics, with 60 percent of its operations automated and fully integrated with Industry 4.0 digital manufacturing practices.
In addition to its automated production lines, the facility features an in-house battery pack assembly unit with a capacity of 1.7 GWh and comprehensive testing infrastructure. The company plans to source 74% of its components locally, reinforcing its focus on a resilient, domestic supply chain.
P V Satyanarayana, Chief Business Officer, Montra Electric HCV (IPL Tech), said, “The inauguration of our EV truck factory in Manesar marks a defining step in India’s transition to sustainable logistics. This state-of-the-art facility combines scale, flexibility and world-class quality, with modular lines capable of producing multiple variants and advanced digital manufacturing tools. By fostering inclusivity through our all-women battery line and driving high localisation, we are setting new benchmarks for innovation, employment and green mobility. We are confident this factory will emerge as a hub that powers the future of mobility in India for years to come.”
The company will also explore various government incentives, including the PM E-Drive Scheme, to support its manufacturing expansion and reinforce its leadership in the electric commercial vehicle market.
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