Kinetic Group To Produce Range-X Batteries For Electric 3-Wheelers At New Ahmednagar Facility

Kinetic Group aims to supply NMC and LFP batteries to various electric vehicle manufacturers to expand its reach in India’s EV market. Read more.

Key Highlights

• Kinetic Group announced the set up of its battery manufacturing facility in Ahmednagar, which can produce 60,000 battery packs annually.
• Both NMC and LFP variants of the Range-X brand batteries for electric 2-wheelers and 3-wheelers will be produced at Rs. 50 crore facility.
• India has entered the EV battery market as part of its efforts to increase its local manufacturing capability in the electric vehicle supply chain.

With an annual production capacity of 60,000 battery packs, Kinetic Group announced the completion of its battery manufacturing facility in Ahmednagar, Maharashtra. The facility complies with industry standards such as AIS 156 and AIS 004 and has automated production lines with IoT-enabled technologies and stage-wise inspections. To position itself to serve India's expanding EV market, which is expected to reach US$ 18.319 billion by 2029 at a CAGR of 28.52%, the company plans to supply batteries to OEMs outside the Kinetic Group.

Also Read: Kinetic Communication Launches L3 Kit For Electric 3-Wheelers To Enhance Performance

Details About Range X Batteries Of Kinetic Group

The Rs. 50 crore plant will manufacture both Nickel Manganese Cobalt (NMC) and Lithium Iron Phosphate (LFP) variants of the Range-X branded batteries for electric three-wheelers and two-wheelers. Thermal runaway protection and intelligent Battery Management System (BMS) integration are features built into the Range-X LFP batteries. According to the company, recyclable materials are used in the manufacturing of batteries. Additionally, NMC batteries with an emphasis on high energy density and charge-discharge rates will be produced at the facility.

Official Statements By Kinetic Group

Speaking at the inaugural event of the new manufacturing plant, Ajinkya Firodia, Vice Chairman and Managing Director, Kinetic Group, said, “The newly developed facility at Ahmednagar represents their commitment to self-reliance and sustainability in battery technology. The company is working on localising the BMS development under the government's PLI (Production Linked Incentive) schemes and Make in India initiative.”

Significance Of Indigenous Battery Manufacturing 

As India strives for more domestic manufacturing capacity in the electric vehicle supply chain, it has expanded into the production of EV batteries. To lessen reliance on imports and create a strong domestic EV ecosystem, the government has put in place many programs, such as production-linked incentive schemes.

About Kinetic Group

The Kinetic Group's flagship company, Kinetic Engineering Limited, has more than 50 years of experience in the automobile industry. With 32 manufacturing sheds and over 400 machinery, the Ahmednagar manufacturing complex employs about 1,000 workers. Major automakers including Renault, Tata Motors, Mahindra & Mahindra, and Ashok Leyland are among the company's clients.

Read More

PM E-DRIVE Scheme Offers Attractive Financial Incentives Of Rs 50,000 For Electric 3-Wheelers

Brand-Wise Truck Sales In January 2025: Mahindra Gains 16.25% YoY Sales Growth