
Business Update17 Jun 2026, 08:31 pm
Endurance Technologies Starts Lithium-Ion Battery Production
AI Summary
Endurance Technologies Ltd has commenced commercial production of Lithium-Ion Battery packs at its new greenfield manufacturing facility in Mindewadi, Pune. The plant, with an initial installed capacity of approximately 26,000 packs per month (expandable to 35,000), represents a strategic move into the growing mobility and energy storage sectors. The company has invested approximately Rs. 473 million, financed through internal accruals, to establish this facility. This new product line complements the offerings of its subsidiary, Maxwell Energy Systems Pvt. Ltd., and aligns with the company's commitment to sustainable products.
Key Highlights
- Commenced commercial production of Lithium-Ion Battery packs in Pune.
- Initial capacity of 26,000 packs/month, expandable to 35,000.
- Investment of ~Rs. 473 million funded by internal accruals.
- Strategic expansion into mobility and energy storage markets.
- New product line complements subsidiary Maxwell Energy Systems.
Price Impact
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