Maxvolt Energy to Triple Lithium-Ion Battery Capacity

Ghaziabad-based Maxvolt Energy Industries is charting a major up-scaling of its lithium-ion battery manufacturing capability, signalling its ambition to become a significant player in India’s accelerating electric-mobility and energy-storage push. The company has acquired approximately 55,000 sq ft of land in the Duhai Industrial Area, Ghaziabad, where it will set up a new manufacturing and recycling facility with operations slated to begin by December 2025.

Currently producing around 72,000 units annually, Maxvolt plans to ramp up capacity to 2.25 lakh units per year once the new plant is operational — achieving roughly a 3× increase.

The expansion will not only bolster its own output but also strengthen India’s domestic battery-manufacturing ecosystem and reduce reliance on imports.

Importantly, the Maxvolt Energy new facility will integrate battery recycling infrastructure, enabling Maxvolt to collect, repurpose, and reuse used lithium-ion cells — aligning with circular economy objectives and India’s growing policy-focus on battery waste management and sustainable manufacturing.

According to the company’s Co-founder & CMO, Mukesh Gupta, the expansion is in response to rapidly growing demand from multiple segments including EVs, solar and backup energy storage systems (ESS). He noted that the firm has already scaled its dealer network to reach around 30% of India’s pin-codes through battery take-back and reuse programmes that channel used batteries towards applications such as solar streetlights and portable electronics.

The policy and market backdrop is favourable: with India targeting major growth in EVs and grid-scale storage, manufacturers are being supported by incentives such as the PLI scheme and battery-waste rules. The strategic timing of Maxvolt’s expansion suggests the company aims to capture both the volume growth in demand and the localization push in critical battery manufacturing.

The new Ghaziabad plant, when operational, is expected to both improve lead time and reduce costs through economies of scale, positioning Maxvolt as a credible Indian alternative in a segment still dominated by imports, particularly from China. The integration of manufacturing with recycling also gives the company a competitive edge in sustainability credentials — which are increasingly relevant for OEMs and ESS developers.

Overall, Maxvolt’s strategy reflects a broader shift in India’s energy-storage landscape — from assembly-led operations to integrated manufacturing capabilities, underpinned by localisation, recycling and circularity. With the December 2025 launch as a target, the next twelve months will be critical for execution and scaling.