- Simple Energy partners with C4V to set up a lithium-ion cell manufacturing ecosystem in India.
India’s leading electric vehicle and clean energy start-up Simple Energy today signed an MoU with C4V, a lithium-ion battery technology company, to establish a lithium-ion cell manufacturing ecosystem in India.
The lithium-ion battery cell is the central unit of any electric vehicle. In addition to leading the Build-in India initiative, this strategic partnership harnesses cells with industry-leading safety, higher energy density than LFP, faster charging and longer life cycle based on C4V’s patented technology.
This MoU is also a strong validation of C4V’s continued efforts to stabilize a comprehensive domestic supply chain in India, bringing along the most advanced Lithium-ion battery technology which powers Simple Energy’s upcoming two-wheeler and four-wheeler form factors by leveraging C4V’s Technology, which does not suffer from the fire or explosion risk plagued by competitors, resulting in Industry-leading safety as developed in their state-of-the-art facilities, internationally.
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“Simple Energy is leading the Indian EV industry by vertically integrating the entire value chain, thus bringing better synergy and higher localization. By partnering with C4V, we will consolidate cell supply, which is a vital component for us. This strategy also makes us more self-reliant and reduces our dependency on imports” Said Shreshth Mishra, Co-Founder, of Simple Energy