Kinetic Group, a leading player in the automotive components sector, has announced the commissioning of an advanced battery manufacturing facility under the brand name Range-X in Ahmednagar, Maharashtra. The facility, developed under Micro Age Instruments Pvt. Ltd., a subsidiary of Kinetic Group, marks the company’s entry into the growing EV battery market.
The manufacturing unit, built with an investment of ₹50 crore, has an annual production capacity of 60,000 battery packs designed for two-wheeler and three-wheeler electric vehicles (EVs). The facility will produce Lithium Iron Phosphate (LFP) and Nickel Manganese Cobalt (NMC) batteries, catering to OEMs beyond the Kinetic Group.
Strategic Expansion Into EV Battery Market
With India’s EV sector projected to grow at a CAGR of 28.52%, reaching $18.319 billion by 2029, Kinetic Group aims to strengthen its foothold by providing high-performance, customizable battery solutions. The Range-X batteries incorporate smart BMS integration, ensuring thermal stability, enhanced efficiency, and environmental sustainability.
Key Features of the Range-X Facility
- Automated Production Line: Integrated with IoT-enabled POKE-YOKE systems and stage-wise inspections to ensure quality and safety.
- Adherence to Industry Standards: Compliant with AIS 156 and AIS 004 regulations.
- Localization Initiatives: Aligning with PLI Schemes under PM E-drive’s ‘Make in India’ initiative.
Leadership Perspective
Ajinkya Firodia, Vice Chairman & Managing Director, Kinetic Group, stated:
“Range-X is a significant step toward India’s mobility transformation. Our Ahmednagar facility underscores Kinetic Group’s commitment to self-reliance, safety, and sustainability in battery technology. By integrating smart automation and cutting-edge manufacturing, we aim to deliver efficient and reliable energy solutions.”
With a focus on long-term sustainability and innovation, Kinetic Group’s entry into the EV battery market is expected to drive advancements in India’s clean mobility ecosystem.
