
Expansion18 Jun 2026, 07:00 pm
Endurance Tech Adds 3,640 Four-Wheeler Battery Packs Capacity
AI Summary
Endurance Technologies Ltd. announced the commencement of commercial production of Lithium-Ion Battery packs for the four-wheeler segment. The company is expanding its manufacturing capacity at its existing facility in Mindewadi, Pune, with an addition of 3,640 battery packs per month. This expansion, requiring an investment of approximately ₹62 crore funded by internal accruals, is expected to be completed in Q3 of the current financial year. The move aims to strengthen Endurance Tech's presence in the electric mobility market by catering to the anticipated growth in the sector and is supported by advanced discussions with a four-wheeler EV OEM for supply.
Key Highlights
- Capacity expansion for four-wheeler Lithium-Ion battery packs.
- Investment of ~₹62 crore funded by internal accruals.
- Capacity addition expected to be completed in Q3 FY.
- Aims to strengthen presence in electric mobility market.
- In advanced talks with a four-wheeler EV OEM.
Price Impact
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