Eastman Auto & Power Ltd. (EAPL), a market leader in India’s energy storage sector, has entered into a strategic partnership with Vande Bharat E-Vehicles (Sahanianand E-Vehicles Pvt. Ltd.), a pioneer in Electric Three Wheelers. The two companies signed a Memorandum of Understanding (MoU) to collaborate on the deployment of advanced lithium-ion battery technology for India’s fast-growing electric vehicle (EV) segment.
As part of this partnership, Eastman will supply lithium-ion batteries worth ₹50 crore annually to Vande Bharat E-Vehicles. These batteries will power the Vande Bharat’s E-Rickshaws, which is focused on making EV adoption more accessible and cost-effective for commercial drivers and fleet operators across the country.
The collaboration aims to catalyze India’s transition to sustainable transportation by leveraging Eastman’s technological leadership in lithium-ion energy solutions and Vande Bharat E-Vehicles’ deep expertise in the Electric Three Wheeler Space. Eastman, already a market leader in e-rickshaw batteries, will further strengthen its position in the electric three-wheeler market through this alliance.
Commenting on the partnership, Mr. Shekhar Singal, Managing Director, Eastman Auto and Power Ltd said “This partnership marks a significant milestone for Eastman as we join forces with Vande Bharat E-Vehicles to accelerate the growth of electric mobility in India. Our cutting-edge lithium-ion battery technology, combined with their large fleet of E-Rickshaws, will play a pivotal role in making sustainable transportation a reality for millions. We are proud to contribute to India’s vision of reducing carbon emissions and building a cleaner energy future.”
Commenting on the partnership, Mr. Sumit Anand, Director, Vande Bharat E Vehicles said “We are thrilled to partner with Eastman in this transformative collaboration. Our mission is to provide reliable, cost-effective, and sustainable mobility solutions. This MoU is a critical step forward as we work together to empower drivers, enable greener logistics, and bring India closer to its net-zero goals.”
This partnership represents a powerful step forward in advancing India’s electric mobility roadmap and clean energy ambitions. Both Eastman and Vande Bharat E Vehicles (Sahanianand E-Vehicles Pvt Ltd) are committed to creating scalable, inclusive, and eco-friendly transportation solutions that support livelihoods while reducing environmental impact.
About – Eastman Auto & Power Ltd: Established in 2006, Eastman Auto & Power Limited (EAPL) is an innovator in the energy transition space, addressing both energy generation and utilization. As a leading power solutions provider, Eastman specializes in Last-Mile E-Mobility Solutions, Solar Solutions, and Continued Energy Solutions. EAPL offers a diverse range of energy value propositions, including technology-agnostic storage solutions and a wide range of power conversion products for solar and backup applications. The company employs over 5000 people, operates eight manufacturing units across India, and has a presence in 50+ countries. Known as the largest manufacturer of solar tubular batteries in India, Eastman and its sister brand Addo serve over 400 OEM partners through a robust distribution network of 1,000+ distributors across India, ensuring widespread availability and after-sales service of its products through 3,300+ service partners, reaching over 350 districts across the country.
