Kinetic Group Enters into EV Battery Manufacturing with Rs 50 Crore Facility

Key Highlights:

• Kinetic Group has completed its Rs. 50 crore battery manufacturing plant.
• The plant can produce 60,000 Range-X battery packs annually.
• It features automated production lines with IoT-enabled systems.
• The company is developing a local Battery Management System (BMS).
• Kinetic Engineering Limited supplies batteries to many automakers.

Kinetic Group has completed its battery manufacturing plant in Ahmednagar, Maharashtra. The plant, built with an investment of Rs. 50 crore, can produce 60,000 battery packs per year. It will make Range-X batteries for electric two-wheelers and three-wheelers, offering both Lithium Iron Phosphate (LFP) and Nickel Manganese Cobalt (NMC) variants.

The Range-X LFP batteries come with thermal runaway protection and a smart Battery Management System (BMS). Kinetic Group says these batteries are made using recyclable materials. The facility will also make NMC batteries, which offer high energy density and better charge-discharge rates.

The facility has automated production lines with IoT-enabled systems and follows industry standards like AIS 156 and AIS 004. Kinetic plans to supply batteries to other companies as well, aiming to serve India's expanding EV market, which is expected to reach US$ 18.319 billion by 2029.

Leadership Insight

Ajinkya Firodia, Vice Chairman and Managing Director of Kinetic Group, said the new facility shows their focus on self-reliance and sustainability in battery technology. The company is also developing a local Battery Management System (BMS) under the government's PLI schemes and PM E-Drive Make in India initiative. 

About Kinetic Engineering Limited

Kinetic Engineering Limited, the flagship company of the Kinetic Group, has been in the automotive industry for over 50 years. Its Ahmednagar complex employs around 1,000 people and has 32 manufacturing units with over 400 machines. The company supplies batteries to major automakers like Renault, TATA Motors, Mahindra & Mahindra, and Ashok Leyland.

Kinetic Group's expansion into EV battery manufacturing aligns with India's efforts to boost local production in the EV supply chain. The government has introduced initiatives like production-linked incentive (PLI) schemes to reduce imports and strengthen the domestic EV industry. Kinetic Engineering Limited is listed on the Bombay Stock Exchange under the ticker 500240.

Also Read: Kinetic Green and Yuma Energy Partner for EV Accessibility

CMV360 Says

Kinetic Group’s new battery plant is a big boost for India’s EV industry. Local production of Battery means better supply and less reliance on imports. Advanced features like smart BMS and thermal safety make these batteries more reliable. The focus on recyclable materials is a step toward sustainability. As EV demand grows, having strong battery manufacturing in India will help the industry move faster.