Mercury EV-Tech Ltd ignites India's Clean Energy Transformation with 3.2 GW Battery Manufacturing Facility in Vadodara

In a defining move that could reshape India's clean-tech roadmap, Mercury EV-Tech Limited, through its wholly owned subsidiary PowerMetz Energy Pvt. Ltd., has announced the commissioning of a 3.2 GW lithium-ion battery manufacturing facility at its Vadodara campus.

With this announcement, Mercury EV-Tech doesn't just enter the battery space-it enters with scale, ambition, and the intent to lead.

Positioned as a cornerstone of India's energy independence mission, the facility goes beyond conventional cell manufacturing. It represents a next-generation battery architecture hub, housing the infrastructure to develop and produce an extensive range of chemistries including:

- LFP (Lithium Iron Phosphate)
- NMC (Nickel Manganese Cobalt)
- Sodium-Ion Cells
- Supercapacitor Modules

What sets this facility apart is its multi-chemistry flexibility, enabling the company to cater to an increasingly diverse set of high-utility applications-from electric mobility to stationary energy storage.

The batteries produced will power a wide array of emerging use-cases:

- EV charging infrastructure and on-board power units
- Home and residential backup solutions
- Grid-scale storage for renewable energy and load balancing
- Industrial and critical infrastructure backup
- Uninterrupted power applications far beyond traditional EVs

In alignment with global automation standards, Mercury EV-Tech has placed an order for a fully robotic, high-throughput production line from one of China's top-tier equipment providers. A technical team from India is set to inspect the facility in China on April 15, 2025, ahead of machinery shipment.

The equipment is scheduled to reach the Vadodara campus by end-April, with pilot production set to begin mid-May 2025.

This strategic development is not just about capacity, it's about vision. Mercury EV-Tech is preparing for a future where cell innovation, domestic self-reliance, and vertical integration define the new industrial era.

In the broader context of India's energy security and global positioning in clean technologies, this plant marks a critical inflection point, transforming Mercury EV-Tech from a mobility player into a deep-tech energy innovator.

Speaking on the development, Darshal Shah from Mercury EV-Tech Limited said: "This upcoming facility is poised to be one of the most advanced lithium-ion battery lines in the country, equipped with cutting-edge automation and a rare integrated laboratory designed to meet stringent global safety and performance standards. It reflects our unwavering commitment to technological excellence and scalable innovation.

India's policy landscape has taken a decisive turn with over 30 GW of Battery Energy Storage Systems (BESS), including standalone BESS, auctioned across multiple routes in the past six months. The recent regulatory mandate for a minimum of two hours of BESS integration with all government renewable projects presents a substantial opportunity, driving strong demand for advanced energy storage solutions. Mercury EV-Tech, through PowerMetz, is positioned to emerge as a key implementing partner and a preferred supplier in this transformative shift.

We are not just building capacity; we are building a platform for long-term energy resilience. We have plans to initiate work on an additional 3.2 GW battery plant in South India, with the Vadodara facility's performance and order pipeline providing the foundation for this expansion. Preliminary land evaluations have been conducted across four to five locations, and the final site will be selected in line with operational momentum and order book strength over the coming quarters.

Our strategy is clear, invest in next-gen battery technologies, scale responsibly, and align closely with national imperatives for sustainable, secure, and domestically driven energy solutions."

Shares of Mercury EV-Tech Limited was last trading in BSE at Rs. 56.99 as compared to the previous close of Rs. 55.30. The total number of shares traded during the day was 97458 in over 916 trades.

The stock hit an intraday high of Rs. 58.50 and intraday low of 56.50. The net turnover during the day was Rs. 5586734.00.

Source : Equity Bulls

Keywords

MercuryEVTech INE763M01028 Trading Distribution PowerMetzEnergy LiIonBattery ManufacturingFacility Vadodara