Greaves Electric Mobility, the electric mobility arm of Greaves Cotton Limited, has announced a strategic partnership with Mesha Energy Solutions Private Limited, an energy storage technology company based in Bengaluru, India. Mesha Energy Solutions is a 100 per cent wholly owned subsidiary of Mesha Inc. based in the USA. With this association, Greaves Electric Mobility has strengthened its play in the EV battery segment and is well-positioned to provide better driving experience to its EV customers. The company says with new battery tech, faster charging allows for longer uptime for commercial use cases.
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The EV production facility in Ranipet is the company's largest, spread over 35 acres, and will have an annual capacity of 1,20,000 units by the end of FY 2022
Commenting on this announcement, Ram Rajappa, Chief Technology Officer, Greaves Electric Mobility, said, "Battery is an integral part of EV and this association with the company is part of our strategy to create an enabling and robust EV ecosystem. Moreover, to deliver on our promise to accelerate the adoption of electric vehicles in India, our partnership with Mesha will help in delivering higher performance with advanced battery technology solutions to not only our customers in India but across the globe and strengthen our leadership position in EV."
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Mesha Energy Solutions has patented solutions to deliver faster charging and longer cycle life for almost any chemistry. According to a joint statement, Mesha's methodology enables two times faster charging, enabling a ride with less intrusion and more comfort for the customer. Mesha also delivers in integrated charge balancer, ensuring that the batteries are charged and operate under optimal conditions.
Commenting on this partnership, Kannankote Sriram, Founder of Mesha, Inc. and board member of Mesha Energy Solution, said, "Our goal is to create technologies to address the issues that are currently faced by batteries such as handling high power requirements, accepting high charging currents and improving the lifecycle for deep discharge applications. The solutions that we offer are battery agnostic and enhance the performance of conventional batteries. We are excited about our partnership with Greaves Electric Mobility as the wide network of the company will help us to take our solutions to millions, hence establishing a stronger integration for Indian and international markets."
Greaves Electric Mobility has taken several initiatives over the past few months to accelerate EV growth in the country. The company acquired electric three-wheeler company Bestway, with its range of ELE e-rickshaws, MLR Auto with electric autorickshaws, and set up multi-brand EV retail store AutoEVmart, and also launched its EV factory in Ranipet, Tamil Nadu, and set up in-house financing for electric vehicles through NBFC Greaves Finance.
