ChemVolt Partners with ElevenEs – In a landmark move for India’s clean energy and electric mobility sector, ChemVolt Global, a leading Indian clean energy and storage solutions company, and ElevenEs, Europe’s foremost lithium-ion cell technology and manufacturing company, have announced a strategic partnership. The alliance is set to accelerate the growth of Battery Energy Storage Systems (BESS), lithium-ion cell manufacturing, and electric vehicle (EV) battery pack supply across India.
This collaboration merges ChemVolt Global’s extensive experience in project development, engineering, procurement, and construction (EPC) with ElevenEs’ cutting-edge LFP (Lithium Iron Phosphate) cell technology and large-scale European manufacturing expertise. Together, they aim to build a robust ecosystem for advanced energy storage and EV mobility in India, a crucial step toward the country’s clean energy transition.
Key Objectives of the Partnership
- Deployment of Advanced BESS Solutions: The partnership will focus on delivering grid-scale and commercial BESS systems across India and the Middle East. By leveraging ElevenEs’ advanced lithium-ion cells, the alliance aims to provide systems with longer life cycles, minimal degradation, and superior thermal stability. This will not only enhance energy reliability but also support renewable integration and grid resilience.
- Lithium-Ion Cell Manufacturing Collaboration: A core goal of the partnership is to strengthen India’s battery production capabilities. ChemVolt and ElevenEs will combine forces to bring state-of-the-art European LFP cell technology and production expertise to India. This initiative aligns with India’s drive for self-reliance in battery manufacturing, reducing dependency on imports and fostering domestic technological growth.
- EV Battery Pack Supply to OEMs: The collaboration will supply high-performance, safe, and fast-charging battery packs to domestic automotive manufacturers. This step is expected to accelerate EV adoption in India, offering manufacturers reliable battery solutions that meet global standards and enhance India’s position in the electric mobility market.
Strengths of Each Partner
ChemVolt Global contributes deep expertise in project execution, EPC services, and local market insights, covering a wide range of clean energy projects, including solar and storage solutions. ElevenEs, on the other hand, brings advanced prismatic LFP cell technology, including its fast-charging “EDGE” cell line, and large-scale manufacturing capabilities, ensuring high-quality and scalable battery production.
Impact on India-Europe Clean Energy Collaboration
This partnership marks a milestone in India-Europe industrial cooperation, blending European technological leadership with India’s expanding energy and automotive markets. By combining innovation, local execution capabilities, and manufacturing excellence, the alliance is set to strengthen global competitiveness for both regions in renewable energy and EV supply chains.
Leadership Perspectives
Mr. Kuldeep Gupta, CEO of ChemVolt Global, stated,
“This partnership with ElevenEs represents a defining moment for India’s clean energy and electric mobility ambitions. By collaborating with Europe’s foremost cell technology company, we are creating a platform for reliable, high-performance BESS and EV battery solutions, while deepening India-Europe industrial cooperation.”
Mr. Nemanja Mikac, CEO of ElevenEs, added,
“Our partnership with ChemVolt Global brings our proven LFP cell technology and large-scale manufacturing to India. We aim to deliver advanced battery solutions foundational to India’s energy independence, reflecting our shared commitment to innovation and global leadership in clean technology.”
With this alliance, India is poised to make significant strides in battery technology, renewable energy, and electric mobility, reinforcing its position as a global player in the clean energy transition.
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