Gurgaon based Napino Auto & Electronics Ltd signed an agreement with the US-based Farasis Energy Inc to manufacture Lithium-ion battery packs for 2W and 3W in India.
Napino partners US Co to make lithium-ion battery packs for 2W and 3W in India
The CEO of the company (Napino), Naveen Kumar said that the partnership with the Farasis Energy comes at the right time with the government push to promote electric vehicles faster.
The manufacturing of battery packs is an integral part of our e-mobility strategy. This partnership will help the company to become a leading manufacturer providing the safer, reliable and high energy battery packs for the Indian market he adds.
lithium-ion battery packs
“We are very optimistic about the success of our collaboration with Farasis Energy which will support us to localize cutting edge Lithium-ion battery pack technology for our customers,” he said.
The agreement between both companies will combine work and develop their business in India. The Napino will use its automative experience in the production of components and will bring its strong supply chain to offer an optimal solution for the Indian market.
Vice President of Sales and Marketing, Thanh Nguyen
Talking about the development, the Vice President of Sales and Marketing, Thanh Nguyen said that they are very excited about the partnership with Napino for providing battery packs for electric vehicles.
“Given the huge potential offered by the Indian market, we foresee that India will become one of the largest e-mobility markets in the world. .This strategic collaboration will enable us to access this fast-growing market.”
Napino is already supplying several electronic-based products to electric vehicles manufacturers in India.
Napino Auto & Electronics Ltd
Napino Auto & Electronics Ltd. is a focused and dynamic company committed to achieving greater value for its customers in the field of auto electrical and electronic products. It has manufactured chargers, battery charger for a two-wheeler, DC-DC converter two-wheeler, battery charger for a three-wheeler, Integrator starter generator, Integrator starter generator controller.
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