MaxVolt Energy has expanded its lithium battery pack manufacturing footprint in the Duhai Industrial Area, Ghaziabad, with the addition of a new 55,000 sq. ft. facility. The facility is currently under development and is expected to become operational by February 2026.
With this strategic expansion, MaxVolt Energy is set to triple its annual production capacity from 72,000 units per annum to 2.25 lakh units annually. The current manufacturing facility in Ghaziabad is equipped with 97.2 MWh of annual production capacity.“The new facility is equipped with advanced automation, high-performance production lines, and state-of-the-art machinery, significantly enhancing operational efficiency, product quality, and output capacity. This scale-up positions the company to effectively meet the accelerating demand for reliable, eco-friendly energy storage solutions across mobility, solar, and industrial applications,” the company stated.
The expansion is supported by MaxVolt Energy’s strong financial performance and accelerating revenue growth. In the first half of the 2025–26 financial year (H1 FY26), the company recorded revenue of INR 130.8 crore, surpassing the full-year revenue of over INR 107 crore achieved in the previous financial year. This sharp year-on-year growth underscores increasing market adoption of MaxVolt’s products and the company’s expanding national footprint, driven by strong demand across clean energy and electric mobility segments.
In addition to its battery take-back and reuse programme, the company has established a repurposing facility and is now in the process of setting up a dedicated battery recycling plant in India.
Speaking on the expansion, Satendra Shukla, co-founder, CEO and business development head, MaxVolt Energy, said, “This new plant is a testament to our commitment to innovation, sustainability, and the rising energy-storage needs of India. Scaling our production threefold not only strengthens our market presence but also reinforces our responsibility toward a cleaner and greener future.”
Vishal Gupta, co-founder, chairman and CTO, MaxVolt Energy, said, “This upcoming facility represents a significant leap in strengthening India’s energy-storage manufacturing capabilities. As we work toward making it operational by early 2026, our focus remains on building a technologically advanced production ecosystem that supports high-quality, scalable, and future-ready battery solutions.”
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