New Manufacturing Unit in the Works for Endurance Technologies.

Endurance Technologies Limited is embarking on a significant expansion with the establishment of a new manufacturing facility in Mindewadi, Taluka Maval, District Pune, Maharashtra. The company has earmarked a capital expenditure of approximately ₹473 million for this plant, which will focus on the production of Lithium-Ion Battery Packs in various configurations. These battery packs will cater to mobility applications as well as battery energy storage systems for diverse uses.

This strategic move marks Endurance Technologies' entry into a new product line aimed at addressing the escalating demand for battery solutions in the mobility, energy storage, and other sectors. The launch of these Battery Packs complements the existing capabilities of the company's subsidiary, Maxwell Energy Systems Pvt. Ltd., which specializes in the design, development, and supply of advanced battery management systems for a wide range of applications.

By setting up this dedicated manufacturing facility and introducing Lithium-Ion Battery Packs, Endurance Technologies is making a decisive commitment to incorporating sustainable products into its portfolio. This initiative aligns with the growing global emphasis on environmentally friendly solutions in mobility and other applications, positioning the company to capitalize on the expanding market for clean energy technologies.