Endurance Technologies Expands Capacity to Introduce Four-Wheeler Lithium-Ion Battery Packs
Endurance Technologies Ltd has announced a strategic expansion of its manufacturing capabilities as it prepares to enter the four-wheeler segment of the electric mobility market. The company is set to add capacity dedicated to producing Lithium-Ion Battery packs for four-wheelers at its existing facility in Mindewadi, Pune.The move comes as the company continues operations after commencing commercial production of battery packs for two-wheelers on June 17, 2026. This expanded capacity will allow Endurance Technologies to significantly strengthen its presence within the rapidly growing electric mobility sector.
Capacity and Investment Details
Endurance Technologies has outlined the specifics of the planned capacity addition, which is driven by the company's intention to meet anticipated growth across mobility and energy storage applications. The investment required for this expansion is estimated at approximately Rs. 62 crore (net of GST Tax credit), and it will be funded through internal accruals.The details regarding existing operations, the proposed additions, and the financial parameters are summarized below:
| Particulars | Detail |
|---|---|
| Existing capacity (per month for two-wheelers) | ~26,000 battery packs per month |
| Proposed addition (per month for four-wheelers) | 3,640 battery packs per month |
| Investment required | ~Rs. 62 crore (net of GST Tax credit) |
| Mode of financing | Internal accruals |
| Completion timeline | Expected to be completed in Q3 of the current financial year |
Operational Outlook and Strategy
The company is currently focusing on optimizing its existing operations, having initiated commercial production of two-wheeler battery packs. With the new investment, Endurance Technologies will transition into manufacturing battery packs for four-wheelers, bolstering its market reach.Management noted that the company is in an advanced stage of discussion with a four-wheeler Electric Vehicle (EV) Original Equipment Manufacturer (OEM) for the supply of these specialized battery packs. Furthermore, regarding existing production, the company aims to achieve 70% utilization by October 2026 based on the commercial launch date.
ENDURANCE Stock Price Movement
Endurance Technologies Limited shares edged higher today, closing at ₹2623.30 after gaining 1.26%. The stock traded within a narrow band during the day, establishing a low of ₹2606.20 and peaking at ₹2649.90.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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