Neuron Energy Pvt Ltd, a bootstrapped start-up successfully establishing itself in the battery manufacturing segment supplying Lithium-Ion and Lead Acid batteries to the EV sector in India, has announced a strategic tie-up with EV Giant E-Ashwa Automotive. The purchase order includes 600 battery packs per month and 10,000 battery packs annually. It is therefore estimated that the deal will close at a whopping Rs 2 crores a month and Rs 30 crores annually.
Commenting on the association, Pratik Kamdar, Co-Founder, of Neuron Energy says, “By partnering with E-Ashwa Automotive, Neuron Energy Pvt Ltd will expand its distribution network and offer environmentally friendly transportation in India. As a result of this tie-up, both companies will have the opportunity to provide their customers with high-quality battery packs and extend their reach across the country. Also, we believe that our batteries will positively impact the environment and help accelerate the adoption of electric vehicles in India. Furthermore, this will provide the platform for the growth of domestic players in the space and give the much-needed impetus to the “Make in India” and “Vocal for Local” movements. Also, it will parallelly aid us in penetrating every nook and corner of the country thus ensuring our reach everywhere.”
With rising eco-consciousness among general people coupled with rising prices of fossil fuels and ICE vehicles getting tough on the pockets to maintain, electric vehicles are becoming more appealing as an alternative. So eco-friendly batteries are designed to provide an efficient and clean source of electricity for electric vehicles. These batteries provide a variety of benefits that will revolutionize the Indian electric vehicle industry. Additionally, these batteries offer superior performance, with faster charging times and extended ranges.
Neuron Energy Pvt Ltd was incorporated in the year 2018, having headquarters in Mumbai, Maharashtra. Neuron Energy intends to contribute significantly to the electric mobility landscape. Neuron Energy Pvt Ltd provides lead-acid and lithium-ion technology batteries for E-Bike, E-Rickshaws, and Golf Carts. Neuron Energy has a large export and domestic network for sales in E-Bike batteries. Our Promoters, Mr. Pratik Kamdar, and Mr. Raj Shah have spearheaded our growth story. Neuron Energy Pvt Ltd has grown from having a presence only in Mumbai to having multiple Depots & Distributors across India. Neuron Energy has increased its export footprint to the Middle East, Europe, and South-East Asia.
e-Ashwa Automotive is one of the leading Manufacturers of environment-friendly battery-operated vehicles. The company specialised in the dealing of e-Rickshaws, e-Loader, e-Auto & e-Scooter. e-Ashwa Automotive has a strong team of technical & skilled workforce with hands-on experience in both Automobiles as well as the Aviation Industry. The Company’s mission is to deal with e-Rickshaws, e-Loader, e-Auto & e-Scooter of the highest quality offering the latest technology, committed customer service & satisfaction. So, every product that rolls out from the plant offers utmost safety, comfort & utility to the driver, as well as the passengers which in turn gets converted into “Value for Money”.
