OneCharge and India’s
Nexilon Energy Systems have entered into a strategic partnership.
OneCharge and Nexilon
formed an all-India exclusive joint venture partnership to design, manufacture
and sell lithium batteries for materials handling equipment and ground support
equipment in India.
The joint venture
entity is known as Elixir Auto Tech Private Limited.
OneCharge and the
Patel Group are jointly committed to building an India-focused product range of
high-quality industrial lithium batteries that are “Made in India, for India”
with proven, premium US technology.
“This partnership is a
great opportunity for advancing our market-leading lithium battery technology
to improve materials handling operations in India. OneCharge batteries are
already available in the USA, Canada, and across Latin America, and now Nexilon
is bringing this technology to its customers in the Indian Ocean region,” says
Tim Karimov, president of OneCharge. “We have been focusing on promoting
lithium batteries for use in materials handling equipment for over eight years
and are happy to see the growing acceptance of our technology in this strategic
market.”
“The Indian market is
ready for a fast adoption of the proven advanced lithium battery technology,”
says Nidheesh M. Patel, president of Nexilon and third-generation co-owner of
Patel Group. “We are really excited about the prospects of our joint venture
partnership, which allows us access to OneCharge’s advanced, USA-developed
lithium battery technology. Improving the efficiency of operations by
introducing cleaner and safer technology is attractive to any business
operating forklifts in India, and we already see a lot of interest in US
technology-backed lithium batteries from our partners and customers across the
Indian Ocean region.”
|