Eastman Auto Power & Vande Bharat E-Vehicles Sign ₹50 Cr Battery Deal to Power India’s E-Mobility Drive
In a strategic move poised to accelerate India’s transition to electric mobility, Eastman Auto Power has inked a landmark ₹50 crore annual lithium-ion battery supply agreement with Vande Bharat E-Vehicles. The deal will support the latter’s rapidly expanding fleet of e-rickshaws across the country, marking a significant push for sustainable last-mile transportation.
Key Highlights of the Partnership:
✅ Strengthening EV Supply Chains: The collaboration fosters a robust, localized electric vehicle component ecosystem within India.
🚙 Promoting Affordable Green Mobility: The battery deployment aims to empower cost-effective and clean last-mile delivery and passenger solutions in urban and semi-urban areas.
🇮🇳 Supporting the Make-in-India Initiative: With domestic production and deployment at its core, the agreement aligns with India’s vision for a self-reliant green economy.
Eastman Auto Power’s advanced lithium-ion batteries are expected to enhance the performance, safety, and reliability of Vande Bharat’s e-rickshaws, enabling large-scale EV deployment with sustainable energy solutions.
This partnership stands as a testament to the fusion of manufacturing and mobility—a true EV revolution in motion—fueling India’s aspiration to lead the global shift toward green transport solutions.
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