Capacity addition for Lithium-Ion Battery packs at Pune facility
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Endurance Technologies has informed the exchange about adding new capacity to manufacture Lithium-Ion Battery packs at its existing facility in Mindewadi, Pune. This is an expansion of an existing plant, not a new greenfield project. The company has not disclosed the investment amount or production capacity details in this filing. Lithium-Ion battery packs are a key input for electric two-wheelers and other EVs, signalling the company's push into the electric mobility supply chain.
Positive step towards EV battery diversification. Watch for capex size and revenue impact in upcoming disclosures.