cmv_logo

Ad

Ad

e-Ashwa Automotive manufactures lithium-ion batteries with Textor Energy.


By Priya SinghUpdated On: 01-Oct-2022 02:11 PM
noOfViews2,816 Views

Follow Us:follow-image
Read In
Shareshare-icon

ByPriya SinghPriya Singh |Updated On: 01-Oct-2022 02:11 PM
Share via:

Follow Us:follow-image
Read In
noOfViews2,816 Views

e-Ashwa has been selling EV vehicles for the last four years and has so far established 26 Assembly units in various parts of the country with 750+ team members from technical and support function backgrounds, including dedicated Research and Development

Under its own brand e-Ashwa, e-Ashwa has 12 different models of electric 2-wheelers and a few electric 3-wheeler models.

eashwa2.jpg

e-Ashwa automaker, one of the leading EV makers, has signed its first joint venture with Texor Energy to produce lithium batteries to ramp up vehicle production with a consistent supply of modern batteries for its range of electric three-wheeler vehicles.

As part of the agreement, e-Ashwa Automotive and Texor Energy will produce lithium batteries under the e-Ashwa & Texor brand. This collaboration will enable e-Ashwa Automotive to use its own branded lithium batteries in its diverse range of electric 2-wheelers and 3-wheelers.

e-Ashwa Automotive is expanding its Lithium-Ion battery capabilities, and last month announced a partnership with Neuron Energy, a manufacturer of lithium-ion and lead acid batteries, to source 600 EV battery packs per month and 10,000 battery packs per year. It also recently announced the opening of a new EV Design and Engineering Center in Ghaziabad.

Under its own brand e-Ashwa, e-Ashwa has 12 different models of electric 2-wheelers and a few electric 3-wheeler models. Apart from vehicles such as e-Cargo, e-Garbage, e-School van, and the like in the 3-wheelers verticals, e-Ashwa has its model of e-Rickshaw, e-Loader, and e-Auto under electric 3-wheelers.

e-Ashwa has been selling EV vehicles for the last four years and has so far established 26 Assembly units in various parts of the country with 750+ team members from technical and support function backgrounds, including dedicated Research and Development personnel. It has sold over 18,000 EV products in various categories, including e-scooters, e-motorbikes, e-loaders, e-food carts, and e-garbage vehicles. It has assembly plants in 16 states and a nationwide dealership network of over 1000 dealers.

"Battery is an important part of electric vehicles, and there is a greater need for localized manufacturing to cater to the needs of the Indian market," says Vikas Gupta, Founder & CEO of e-Ashwa Automotive. "e-Ashwa has entered the battery manufacturing space by partnering with Texor Energy, which will help expand its offerings and provide company-owned lithium-ion batteries to our vehicles. As a result of this collaboration, both companies will be able to provide quality battery packs to their customers while also expanding their reach across the country,” he added.

News


CMV360 Weekly Wrap | 23–28 March 2026: EV Expansion, Dealership Growth & Agriculture Reforms Drive Momentum

CMV360 Weekly Wrap | 23–28 March 2026: EV Expansion, Dealership Growth & Agriculture Reforms Drive Momentum

India sees strong momentum in EV logistics, dealership expansion, industrial investments, and farmer support policies, highlighting a balanced push toward sustainable mob...

29-Mar-26 05:06 AM

Read Full News
Mahindra Truck and Bus Opens New 3S Dealership in Kolhapur, Maharashtra

Mahindra Truck and Bus Opens New 3S Dealership in Kolhapur, Maharashtra

Mahindra Truck and Bus has launched a new 3S dealership in Kolhapur, Maharashtra, operated by Mauli Trucking Pvt Ltd. The facility offers sales, service, and spares for a...

26-Mar-26 08:00 AM

Read Full News
Euler Motors Raises ₹437.5 Crore to Boost Electric Commercial Vehicle Growth in India

Euler Motors Raises ₹437.5 Crore to Boost Electric Commercial Vehicle Growth in India

Euler Motors secures ₹437.5 crore Series E funding to expand EV manufacturing, grow network, and strengthen market position in India’s fast-growing commercial electric ve...

25-Mar-26 05:42 AM

Read Full News
Tyre Industry Leaders Respond to Union Budget 2026-2027 Announcements

Tyre Industry Leaders Respond to Union Budget 2026-2027 Announcements

India's Union Budget 2026-2027 prioritises infrastructure, manufacturing, and capital expenditure, with tyre industry leaders highlighting increased demand, improved cost...

25-Mar-26 03:00 AM

Read Full News
VECV Opens Eicher Pro X Dealership in Faridabad to Serve Last-Mile Logistics

VECV Opens Eicher Pro X Dealership in Faridabad to Serve Last-Mile Logistics

VE Commercial Vehicles Ltd. has opened a 12,000 sq. ft. Eicher Pro X dealership in Faridabad, offering integrated sales, service, and spare parts. The facility targets la...

24-Mar-26 12:02 PM

Read Full News
Mahindra Leads Indian E-Rickshaw Market Despite 39.54 Percent Sales Drop in FY2026

Mahindra Leads Indian E-Rickshaw Market Despite 39.54 Percent Sales Drop in FY2026

Mahindra led Indian e-rickshaw sales from April to February FY2026 with 5,920 units, despite a 39.54% drop. Total market sales fell 30.82% year over year, while Bajaj Aut...

24-Mar-26 12:00 PM

Read Full News

Ad

Ad