Bengaluru-based deep-tech battery recycling startup Metastable Materials has announced the appointment of Daniel Troedsson, a battery and energy expert with nearly two decades of experience, as the company’s advisor. 

Troedsson, former CEO and Investor Relations at Sweden-based Alelion Batteries AB (currently known as Alelion Energy Systems AB), has a rich background in the energy and battery industry. He had also previously held the positions of SVP, Head of Battery Optimisation and Monitoring Technology at Volvo Energy, and SVP, Electromobility at Volvo Group Trucks Technology. His expertise spans across battery technology, energy systems, and sustainable solutions. 

In his advisory role, Troedsson would contribute towards Metastable’s strategic planning, delivering industry insights and mentorship vis-à-vis the startup’s market positioning. In the near future, he will likely help expand Metastable Materials presence in the international market.

The start-up says Troedsson’s interest in Metastable Materials stems from the shared vision of making eco-friendly battery recycling a viable reality at scale, thereby ushering circularity in the energy storage value chain and creating a more sustainable world. In the short-term, his expertise and mentorship will bolster Metastable Materials’ strategic decision-making; whereas over the long term, his strategic guidance shall empower them in establishing Metastable Materials as a global leader in the sustainable battery recycling space. 

Daniel Troedsson said, “I am extremely happy to join forces with Metastable Materials as their strategic advisor. Metastable is a groundbreaking startup that has, within a very short time span, exhibited the effectiveness of their recycling technology, exemplified through their successful execution of a small-scale production line. Metastable’s strategic advantage, anchored via a patented solution, solidifies their position as frontrunners in the recycling industry. I harbor unwavering faith and confidence in their future success, and I’m privileged to offer my support as they embark on the journey of unprecedented growth.”

Shubham Vishvakarma, Founder, Metastable Materials added, “We are absolutely thrilled to have Daniel join us in an advisory capacity at Metastable Materials. His wealth of knowledge in battery-tech and sustainable energy is exactly what we need as we move forward in our journey, and his extensive prior experience in the battery segment positions him well to contribute to our growth. As someone who is as passionate about sustainable innovation as we are, we believe Daniel’s insights will be highly valuable, as we at Metastable continue to advance our recycling technologies. This is a huge milestone for us, and together, I'm confident that we will be making great strides in making our recycling processes even more efficient, and propel Metastable Materials and the battery recycling industry overall to greater heights.”

Troedsson’s notable career achievements include taking Alelion Batteries public successfully (he had played a key role in getting the company listed on the Nasdaq Index) and contributing to their development of lithium-ion battery technology and in setting up Sweden’s first large-scale, privately-owned li-ion battery factory. Under his leadership, Alelion emerged as a preferred battery supplier for electrified heavy-duty powertrains and HCVs. 

More recently, he has been actively investing in multiple promising climate-tech startups across Europe and other continents as an angel investor, and lending his expertise and knowledge to new-age sustainability-first companies as an independent advisor.

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Ola Electric has announced the commencement of mass deliveries of its 4680 Bharat Cell-powered vehicles. The S1 Pro+ 5.2 kWh is the first product to be powered by the company’s indigenously manufactured 4680 Bharat Cell battery pack, which delivers more range, better performance and enhanced safety.

With its own battery packs in the vehicles, Ola Electric is now India's first company to fully own the battery pack and cell manufacturing process in-house.

The S1 Pro+ 5.2 kWh is powered by a 13 kW motor, offering acceleration of zero to 40 kmph in just 2.1 seconds. It comes with an impressive 320 km range (IDC with DIY mode).

The S1 Pro+ features four riding modes (Hyper, Sports, Normal and Eco) and also offers enhanced safety with category-first dual ABS and disk brakes in the front and rear. It also gets enhanced ergonomics and comfort, a two-tone seat with supportive foam, body-coloured mirrors, a die-cast aluminium grab handle, rim decals and an expanded colour palette comprising Passion Red, Porcelain White, Industrial Silver, Jet Black, Stellar Blue and Midnight Blue.

“The excitement for S1 Pro+ has been phenomenal. Deliveries are now in full swing, and customers are proudly riding India’s first scooters powered by our own 4680 Bharat Cell. This is a big moment, not just for Ola, but for India’s journey towards becoming a global EV hub. With the national rollout starting soon, we are now ready to take this breakthrough product and technology to every corner of the country,” an Ola Electric spokesperson said.

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CATL and Stellantis broke ground on a EUR 4.1 billion battery plant in Figueruelas, Spain, on 26 November. The 50:50 joint venture will produce lithium-iron-phosphate battery cells and targets an annual production capacity of 50 GW/h.

The project, which is Spain’s largest battery factory, is backed by over EUR 300 million in EU funds, with production expected to start in late 2026.

According to unions, around 2,000 Chinese workers will help construct the site, a point of contention with local authorities and residents. Also, 3,000 Spanish staff are to be hired and trained later.

Spanish authorities and residents have voiced concerns about job opportunities for local workers and potential strain from the influx of foreign employees. CATL Vice President Meng Xiangfeng said earlier in November the company needed experienced technicians to build and fine-tune production lines, with plans to train local workers to take over operations gradually.

David Romeral, Director General of CAAR Aragon, a network of automotive businesses in the region, said: “We don’t know this technology, these components – we’ve never made them before. They’re years ahead of us. All we can do is watch and learn.”

The regional government is organising work permits for arriving workers while seeking to attract battery supply chain companies to Aragon. Some Chinese technicians and managers have already arrived, with several hundred more expected by year-end and nearly 2,000 by the end of next year.

CATL’s approach contrasts with its Hungarian site in Debrecen, where it hired mostly locals to build its European plant. However, a lack of local workers caused production to be delayed from late 2025 into mid-2026. The Figueruelas facility will serve as CATL’s third European manufacturing operation, alongside the Hungarian plant and one in Germany.

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Neuron Energy, an EV battery manufacturer, has raised INR 310 million in a Pre-Series B funding round led by Equanimity Ventures, Rajiv Dadlani Group, Thackersay Family Office and Chona Family Office, with participation from Family Offices and HNI investors. With this, Neuron Energy has raised INR 810 million to date.

The funding will be used to expand Neuron Energy’s manufacturing capacity to 3 GWh and to establish a fully automated, large-scale battery facility for electric four-wheelers and buses at Chakan, Pune. The capital will also strengthen the company’s R&D capabilities, accelerate domestic growth, and broaden its footprint in international markets.

Pratik Kamdar, CEO and Co-Founder, Neuron Energy, said, “This Pre-Series B round is a defining step in our mission to industrialise world-class battery manufacturing in India. As EV adoption accelerates, we are focused on building capacity, embedding automation, and pushing the boundaries of performance and reliability. This investment ensures we can deliver at scale, both in India and globally.”

The company said it operates with a low-CapEx and low-OpEx business model. It has been growing profitably year-on-year and is on track to achieve INR 2 billion in revenue this year. The company is also confident of achieving sales of over INR 9 billion, with profitability, over the next few years.

Rajesh Sehgal of Equanimity Ventures, added, "We see immense potential in Neuron Energy’s approach to EV battery innovation and scalability. Their focus on quality, automation, and energy efficiency aligns with the evolving demands of the EV industry in India and beyond. We are proud to support their next phase of growth as they scale into new vehicle categories and manufacturing capacities."

The new facility reinforces the company’s position in two-wheeler EV batteries and signals a strategic entry into heavier vehicle segments. This supports Neuron’s vision to become a comprehensive EV battery solutions provider.

Rajiv Dadlani, from the Family Office of the Rajiv Dadlani Group, said, "Neuron Energy demonstrates remarkable potential to become the market leader, with their renewed focus, in delivering top-quality products. The company and its founders are highly committed to delivering rigorously tested and safe-to-use Li-Ion smart batteries. We are confident that they will continue to thrive and set new standards in the industry."

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