Pinnacle & Phylion launch li-ion battery
assembly unit in Maharashtra
Madhya Pradesh based Pinnacle Industries a commercial vehicle components manufacturer has partnered with China’s Phylion Battery Company Ltd to set up a battery assembly unit in Maharashtra for electric vehicles. The state-of-the-art assembly unit is now fully operational and will start FAME II compliant products for the Indian market. Pinnacle and Phylion launch li-ion battery assembly unit in Pune.
Pinnacle & Phylion launch li-ion battery
About Pinnacle & Phylion
Pinnacle is India’s leading commercial vehicle components whereas Phylion Battery Company is a leader in producing lithium-ion battery for light electric vehicles. Phylion Battery is been expanding in Europe and Asian markets and recently it has manufactured its 10 millionth batteries in China for LEV. Pinnacle came to India 4 years back and has become the industry leader of the lithium-ion battery cell for the Indian EV market along with fast after-sales services.
Pinnacle plans to roll out battery packs with Phylion Cells and SKD Kits for Light Electric Vehicles, Logistics Vehicles, Passenger Cars, Vans, Light Commercial Vehicles, etc.
Pinnacle Industries Chairman & Managing Director
The Pinnacle Industries Chairman & Managing Director Sudhir Mehta highlighted, “There are immense market potential and dire need to localize the manufacturing of EV batteries, to bring down the vehicle cost and make EVs more viable, benefit the small OEMs to get localized products for low-speed vehicles and other applications and improve the after-sales service. We look forward to addressing the existing industry gaps with our association with Phylion and Government’s impetus on electrification of vehicles through its various policies.”
Phylion vice president Andrew LEE
Phylion vice president Andrew LEE added, “We are elated to partner with Pinnacle Industries, to cater to the expanding Indian EV market. Our strategy is to use our 16 years market approved lithium-ion cells to help Pinnacle to develop batteries with optimized cost and performance for Indian temperatures.”
“We are committed to providing high quality and safe products and we look forward to scaling up renewable manufacturing in India.”
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