Jointly controlled entity EIM opens Electric Heavy-Duty Commercial Vehicle Complex at Talegaon, Pune
EIM, Ravindra Energy's jointly controlled entity, inaugurated its Electric Heavy-Duty Commercial Vehicle Complex at Talegaon, Pune, integrating assembly, lithium-ion battery pack manufacturing and testing.
By ScoutQuest · · 2 min read
- Initial Capacity
- 5000 vehicles/shift/year
- First Phase Investment
- 1000 crore
- Jobs Created
- over 2000 direct and indirect jobs
What was announced
Energy In Motion Limited (EIM), described as Ravindra Energy Ltd's jointly controlled entity, has inaugurated an Electric Heavy-Duty Commercial Vehicle Complex at village Ambi, Talegaon, Pune. The complex brings together three facilities on one site: an Electric Heavy Commercial Vehicle Assembly Facility (trucks, tractor-trailers, dumpers), a Lithium-ion Battery Pack Assembly Factory and an Independent Battery Testing Laboratory. The update states the facility was inaugurated by the Hon'ble Chief Minister of Maharashtra, Shri Devendra Fadnavis, in the presence of Shri Sharadchandra Pawar, Member of Parliament (Rajya Sabha), and Smt. Sunetra Ajit Pawar, Hon'ble Deputy Chief Minister, Government of Maharashtra.
The numbers quoted in the press release
- Developed in just over a year from signing the MoU, with an initial capacity of 5000 vehicles/shift/year
- The complex is the first phase of EIM's 1000 crore investment in Maharashtra
- Expected to create over 2000 direct and indirect jobs, plus work opportunities in design, R&D and IT
Charging and swapping plans
Alongside manufacturing, EIM says it is building nationwide battery swapping and charging infrastructure along major highways, ports and industrial complexes. These megawatt scale hubs can swap batteries of EIM vehicles and other compatible makes in less than 7 minutes and can fast charge any vehicle equipped with the DC fast charging BIS standard (CCS-2) socket.
Technology partners named in the release
- BAIC Foton Motor for electric heavy vehicles; Foton is described as one of the largest commercial vehicle companies, exceeding sales of 650,000 units last year
- Contemporary Amperex Technology Co., Limited (CATL), described as the world's largest battery manufacturer with a 39% share of the global market
- Shanghai Enneagon Energy Technology Co., Limited for robotic battery swapping systems, with over 1600 stations built worldwide
Management comment
Mr. Narendra Murkumbi, Managing Director, EIM Ltd, said the facility was built in record time and that the focus now shifts to building a nationwide network of megawatt scale charging and battery swapping stations aimed at the shift from diesel to electric heavy goods transportation.
How to read this
This is a general business announcement in which Ravindra Energy Ltd shares a press release issued by EIM. The capacity, investment, employment and partnership details are EIM-level figures and plans as stated in the release.
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More numbers
- Initial capacity of the Talegaon complex5000 vehicles/shift/year
- EIM's investment in Maharashtra (first phase)1000 crore
- Expected direct and indirect jobsover 2000
- Battery swap time at megawatt scale hubsless than 7 minutes
- Foton Motor sales last year650,000 units
- CATL share of global battery market39%
- Enneagon battery swapping stations worldwideover 1600 stations
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