High-Tech Batteries For Indian Electric Vehicles Launched By Grinntech

27 August 2020 – Grinntech, a startup with expertise in Lithium-Ion batteries for Electric Vehicles (EVs) and energy storage systems has recently showcased its new range of high-tech batteries. These batteries have unique designs customised in accordance with Indian conditions. They are meant for Grinntech’s proprietary, IoT- enabled   BMS   to power   2-wheelers,   3-wheelers   and tractors/light vehicles. This launch has marked the start of a new phase in the 8-year journey of this IIT-Madras startup. Grinntech is now a funded commercial enterprise, enabling rapid adoption of EV technologies in India as well as abroad.

Last year marked a revolution in the Indian EV industry as the government announced incentives and plans to boost EV mobility solutions in the country. These incentives have accelerated the adoption of EVs which has prompted automakers to launch a new range of EV models in the Indian market. However, the speed and continuity of EV adoption by customers rely heavily on battery technology in terms of range and performance and battery cost. Grinttech manufactures state-of-the-art batteries that offer a unique combination of design as well as high-quality that results in better performance and durability compared to other batteries available in the market today.

Speaking on this historic event for their company, Mr. Nikhilesh Mishra and Mr. Puneet Jain, the co-founders of Grinntech said, “It was always our dream to create a technologically advanced Lithium-ion battery product- line that was built-to-cost for Indian conditions along with its production system. We are hopeful that we will catch the fast-growing wave for EV products by Indian customers.”

Grinntech from the very start of it has been able to attract funding from industry leaders. It has been able to be funded by the likes of Dr. V. Sumantran (former Vice- Chairman of Ashok Leyland Ltd.) and Mr. Lakshmi Narayanan (co-founder and former Vice- Chairman of Cognizant). They are also serving on the company’s Board of Directors.

Expressing his views on this occasion, Dr. V Sumantran said, “I am delighted to be a part of Grinntech’s journey at a time when EVs are rapidly gaining acceptance globally and in India, and particularly so at a time when our country has articulated a priority for self-reliance in critical EV technologies. In the coming years, market conditions will reward those EV battery makers that possess technological and operational competence. Grinntech’s combination of performance, quality and economics will play an important part in that journey.”

While Mr. Lakshmi Narayanan added, “The future of energy is in renewables with significant potential for high growth. Digital technologies such as IoT and data analytics play a crucial role in enabling companies with  newer business models to provide the much-needed connectedness, high performance and superior customer experience. It is heartening to see start-ups in India boldly embrace technology-driven solutions that can meaningfully address not just India’s challenges but also global ones.”

Telling about what’s Grinntech’s plans for future are, Mr. Nikhilesh said, “We are aiming for creating a unique space in the battery development and managing capabilities in the country. We are aiming to become an industry leader in this domain.”

Having evolved energy storage solutions through years of dedicated R&D, Grinntech’s new facility will manufacture Robin-72 and Shikhra smart and personalized two-wheeler and three-wheeler battery solutions using state-of-the-art automated processes and assembly lines. The facility will also manufacture Pintail, an IoT-enabled 2-wheeler starter battery and the Falcon, a larger battery suited to tractors and light vehicles. The modular production layout will allow for easy scaling up as demand grows.

About Grinntech:

Founded in the year 2013, Grinntech has been involved in the designing and development of Lithium-Ion batteries. The startup also provides energy storage systems and solutions. However, its most famous offerings include proprietary BMS and connectivity systems.

In the last 8 years, Grinntech has made a name for it in providing battery platforms for a wide range of two-wheelers, three-wheelers, cars, tractors, and LCVs throughout India. The company’s mission is to become an industry leader in providing environmental-friendly mobility solutions to the people.