By priya
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Updated On: 11-Jun-2025 07:46 AM
Eastman partners with Vande Bharat E-Vehicles to supply ₹50 crore worth of lithium-ion batteries annually, boosting electric rickshaw adoption and supporting cleaner, affordable transport in India.
Key Highlights:
Eastman Auto & Power Ltd has signed a Memorandum of Understanding (MoU) with Vande Bharat E-Vehicles to supply lithium-ion batteries worth ₹50 crore every year. The batteries will power electric three-wheelers across India.
Partnership to Support E-Rickshaw Fleet
The batteries provided by Eastman will be used in Vande Bharat’s E-Rickshaw fleet. These vehicles are mainly used by commercial drivers and fleet operators. The goal is to make electric vehicles more affordable and easier to use for everyday businesses.
Leadership insights:
“This partnership is a big step for u.Our batteries will help power thousands of electric rickshaws and support India’s clean energy future,” said Shekhar Singal, Managing Director of Eastman.
Sumit Anand, Director of Vande Bharat E-Vehicles, said, “We’re excited to work with Eastman. Together, we’ll help drivers shift to electric vehicles and bring India closer to its net-zero goals.”
Focus on Clean and Sustainable Mobility
The partnership is part of an initiative to reduce pollution and promote electric transport in India. By combining advanced battery technology with reliable electric vehicles, both companies aim to support the country’s push for sustainable transport.
About Eastman Auto & Power Ltd
Founded in 2006, Eastman is a major Indian company in power solutions. It specialises in energy storage, solar products, and electric mobility. Eastman runs eight manufacturing units in India. The company has a global reach in over 50 countries. The company is India’s largest maker of solar tubular batteries and serves more than 400 OEM partners.
About Vande Bharat E-Vehicles
Vande Bharat E-Vehicles, operated by Sahanianand E-Vehicles Pvt Ltd, makes electric three-wheelers. The company supports the government’s "Make in India" and "Atmanirbhar Bharat" programs and offers vehicles designed for Indian roads and markets.
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CMV360 Says
The partnership between Eastman and Vande Bharat E-Vehicles is a good move for India. It means more electric rickshaws will get better batteries, helping drivers and the environment at the same time. E-rickshaws are a common mode of transportation in cities and towns. Electric three-wheelers in India are very useful for carrying people every day and are an important source of income for many. By using strong and reliable batteries, drivers can save money on fuel and maintenance, while also helping to reduce pollution. This partnership shows that clean and affordable transport is possible.