Time Technoplast's Subsidiary Receives ICAT Testing Certification for E-Rickshaw Batteries
Time Technoplast Ltd. is pleased to announce that the E-Rickshaw Battery under the brand name 'eSTART with SELENIUM', developed by their subsidiary Power Build Batteries Private Limited (PBBPL), has successfully met all testing requirements and received approval from ICAT for two battery variants. This marks a significant milestone as it is mandatory for supply products to the automotive industry. The e-rickshaw batteries use advanced lead-acid technology with pure Lead-Selenium alloy, offering high performance, low cost, safety, and efficiency. With up to 450 cycles and reduced water loss, they offer long life, reliable power, fast recharging, and extra mileage. Lightweight and durable, these batteries meet OEM standards and support India's move toward clean, sustainable mobility.
Key Highlights
- Product Efficiency: Superior durability, better performance, and cost-effective compared to lithium-ion batteries.
- Green Energy: Promoting an eco-friendly transportation ecosystem by utilizing clean power sources.
- Extended Battery Life & Safety: Minimized water loss, self-discharge, and intergranular corrosion for superior safety and longer operational life.
- Growth Outlook: Substantial growth projected in the E-Rickshaw market with India's transition toward sustainable transportation solutions.
- Market Size & Business Estimates: A ~US $736 million battery market for e-rickshaws in India, with strong opportunities in the clean mobility sector.