Ravindra Energy Ltd’s associate company, Energy In Motion Ltd. (EIM), has signed a Letter of Agreement (LOA) with Contemporary Amperex Technology Co. Ltd. (CATL) for the supply of lithium iron phosphate (LFP) battery cells and battery packs in India.
The transaction includes 0.5 GWh (500 MWh) of battery cell supply on CATL’s enhanced CB710 battery platform. The new battery cells will replace the former CB230 platform that EIM is currently using and are expected to deliver substantially higher usable energy. This will increase the battery pack capacity to 400.6 kWh and allow integration into EIM’s E-Tractor 4×2 Ashwa series.
The transition is more than just a supplier upgrade. For EIM, which is building a battery-swapping ecosystem, battery performance is key to improving fleet economics. Higher energy density allows vehicles to travel further between battery swaps without increasing battery size, while improved battery life supports more charging cycles before replacement, helping to reduce long-term operating expenses.
As part of the agreement, EIM will also be the first company in India to deploy CATL’s latest battery systems, which will be used in swappable battery boxes designed for Indian operating conditions where commercial vehicles often operate in high temperatures and demanding usage environments.
Supporting a Larger Expansion Strategy
The partnership comes as EIM accelerates the expansion of its heavy electric commercial vehicle ecosystem.
The company has already launched its 55-tonne Ashwa electric tractor and set up its first battery swapping station in the Delhi-NCR region and is now working on another facility at JNPA Port. Looking ahead, EIM is working to establish 40 battery swapping and commercial vehicle charging stations across India by March 2027.
Having a reliable supply of battery cells to meet the company’s growing network is essential, with each battery-swapping station expected to perform approximately 840 battery swaps per day.
Looking at these numbers, the deal with CATL addresses one of the biggest headaches in expanding a battery-swapping business: ensuring a reliable supply of battery cells from one of the world’s premier manufacturers.
CATL continues to be the world’s largest battery maker, with an estimated 39.2% share of the global battery market in 2025, the company said.
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