- Cygni Energy
- gigafactory
- sodium-ion
- sulfur-ion
- Venkat Rajaraman
- Jayesh Ranjan
- Ashok Jhunjhunwala
- IIIT-Hyderabad
- Telangana
- Srini Raju
- iLabs Group
Cygni Energy Bets Big on EVs, Alternative Chemistries with INR 2.5 Billion Gigafactory Investment
- By Nilesh Wadhwa
- April 30, 2025
Venkat Rajaram, Cygni Energy, Founder & CEO, along with Vipul and Gautam.
Hyderabad-based Cygni Energy has unveiled Phase I of its fully automated Battery Energy Storage System (BESS) gigafactory at E-Mobility Valley in Maheshwaram, Hyderabad, signalling a major leap in India’s electric vehicle (EV) and clean energy manufacturing landscape. The company is investing INR 2.5 billion over two phases to ramp up capacity from 4.8 GWh to 10.8 GWh over the next 12–24 months.
With a sharp focus on electric mobility, energy storage systems, and next-generation battery chemistries, Cygni is positioning itself to meet growing domestic and international demand for sustainable energy solutions. The company is also actively developing sodium-ion and sulphur-based batteries to complement traditional lithium-ion chemistries, alongside investments in thermal safety, recycling and advanced energy management algorithms tailored to Indian conditions.
Venkat Rajaraman, Founder & CEO, Cygni Energy, said, “In the long term, as part of India’s 100 GWh roadmap, we expect to become self-sufficient in cell manufacturing. We are also seeing a convergence of newer chemistries like sodium and sulphur. Sodium-ion batteries, in particular, are expected to play a critical role in India’s EV journey –given their lower cost of USD 6 per kWh versus USD 24 for lithium. While lithium demand currently exceeds sodium by 3x, India’s early-stage advantage allows us to leapfrog.”
“We cater to three markets – BESS, commercial and industrial storage, and electric vehicles. We have been manufacturing EV battery packs for a long time, earlier from a rental facility and now from our own factory. Today, we have a gigawatt-scale order pipeline for two- and three-wheeler EVs and large-scale storage systems. We’re also working with IIT-Madras' Centre of Battery Engineering and Electric Vehicles (C-BEEV) to co-develop future technologies. EVs contributed nearly 50 percent of our revenue till FY2025.”
The new facility spans 160,000 square feet and is engineered with automated Poka-Yoke-enabled lines and end-to-end traceability for high-quality battery module production. Till date, the company has raised USD 6.4 million in 2018 and USD 12.5 million in 2022 to fund its expansion.
The first phase investment of INR 1 billion supports an initial 4.8 GWh capacity. An additional INR 1.5 billion will be invested to reach 10.8 GWh under Phase II. The company expects to generate INR 26 billion revenue from Phase I, which it aims to double post-expansion.
Cygni’s batteries are designed for EV and grid-scale applications. The company has delivered over 500 MWh of batteries and claims to have a confirmed 1 GWh order pipeline, with growing traction in electric two-wheelers, three-wheelers and small commercial vehicles (SCVs). Most of the 80-plus components in its battery systems – such as busbars, cell holders, thermal and mechanical elements – are now locally sourced, reflecting India’s evolving EV ecosystem.
Jayesh Ranjan, Special Chief Secretary to the Government of Telangana and CEO of the Industry & Investment Cell in the CMO, inaugurated the facility alongside Prof. Ashok Jhunjhunwala, Chairman of IIIT-Hyderabad, and Srini Raju, Founder of iLabs Group.
Jayesh Ranjan, said, “The inauguration of Cygni’s battery manufacturing gigafactory in Telangana marks a transformative step toward sustainable energy, manufacturing excellence, and innovation. This facility not only strengthens India’s commitment to clean energy but also creates jobs, fosters local talent, and builds a robust ecosystem for the future of energy storage solutions.”
Cygni expects to create over 1,000 direct and indirect jobs and is planning additional 2 GWh cell-to-pack automated lines as part of its future roadmap. With government support and rising EV adoption, the company is well-positioned to be a catalyst in India’s energy transition
Volvo Cars Slovakia Plant To Utilise Durr Tech To Manufacture EVs
- By MT Bureau
- September 04, 2026
German leading mechanical and plant engineering firm Durr has announced that it has been selected to equip Volvo Cars' manufacturing facility in Košice, Slovakia, with final assembly automation technology.
The plant represents the automaker's dedicated facility for all-electric vehicles and is planned to commence production in 2027 with a maximum annual output capacity of 250,000 units.
As per the understanding, Durr will supply turnkey conveyor, fluid filling and testing infrastructure integrated through its NEXT.assembly framework. The installation features fluid filling equipment configured to handle low-conductivity coolants and updated air conditioning refrigerants designed to comply with European regulatory changes. The vehicle conveyance network spans over three kilometres within the facility, utilising electric monorail systems, skillet platforms and modular chain conveyors to transport vehicle bodies and door components between assembly stations.
For end-of-line testing and quality control, Durr is installing its x-wheel chassis alignment system equipped with x-3Dsurface optical sensors, alongside the x-light camera-based measurement system for inspecting and adjusting headlamp modules in accordance with ECE and SAE standards.
Jorg Neumann, Director of the End of Line Product Line, Durr in Germany, said, “Volvo Cars has exceptionally high standards when it comes to measurement accuracy. We are very familiar with these standards, as Dürr equips all Volvo sites worldwide with vehicle geometry and headlight alignment technology.”
Andreas Hohmann, CEO of Durr Italy and Vice-President of NEXT.assembly, said, “Our fully automated final assembly system represents a significant advancement in automotive manufacturing, combining precision engineering with cutting-edge automation to deliver exceptional quality and efficiency.”
Mahindra Moves Towards Possession Of 800 Acres For Nagpur Manufacturing Facility
- By MT Bureau
- August 31, 2026
Mumbai-headquartered automotive major Mahindra & Mahindra is moving towards taking possession of an initial package of approximately 800 acres for an automobile and tractor manufacturing facility at Additional Butibori in Nagpur, Maharashtra.
The site forms part of a planned 1,500-acre development in Vidarbha, which will be accompanied by a 150-acre supplier park in Sambhajinagar.
When fully operational, the site will feature an annual production capacity exceeding 500,000 vehicles and 100,000 tractors. The Sambhajinagar supplier park will provide components to the Nagpur facility and to Mahindra's existing production plants in Chakan and Nashik.
Furthermore, Mahindra is also establishing training frameworks to identify and develop workforce capabilities for manufacturing across powertrains and technologies. Over the next two to three years, existing associates will be considered through a selection process to fill roles at the facility based on technical capability, performance and alignment with company standards.
Mahindra also plans to establish a training centre in Nagpur to build technical skills in areas including mechanical operations, welding and painting. Further operational details regarding workforce requirements and recruitment processes will be released as project development continues.
Skoda Octavia Reaches 30-Year Production Milestone
- By MT Bureau
- August 27, 2026
Czech automaker Skoda Auto is marking the 30th anniversary of the modern-generation Octavia, which first entered production on 3 September 1996. The model has served as the carmaker's core product following its integration into the Volkswagen Group, reaching total production of almost 7.9 million units across four generations. At present, the Skoda Octavia is manufactured in Mladá Boleslav and Kvasiny in the Czech Republic, as well as Kostanay in Kazakhstan.
Klaus Zellmer, CEO, Skoda Auto, said, "The Octavia has been an icon of the Skoda brand for three decades. As Combi or Liftback, it has consistently delivered what customers prefer: outstanding space, practicality, safety, and features at an exceptional value. In many ways, the Octavia defined the Skoda ambition to offer more than expected. This has resulted in the Octavia powering our international growth by earning the trust of generations of customers. While Skoda continues to evolve and expand into new segments, the Octavia remains a powerful symbol of customer-centric innovation and Simply Clever thinking."
The Skoda Octavia’s development began in 1992 under design chief Dirk van Braeckel, reviving a nameplate originally used by Skoda between 1959 and 1971. The initial liftback variant launched with a 528-litre boot capacity, supported by a production plant in Mlada Boleslav that increased the site's annual vehicle capacity from 90,000 to 350,000 units.
A Combi estate version joined the line-up in 1998, followed by an all-wheel-drive variant in 1999 and the first Octavia RS in 2000. The first generation recorded 1.44 million total unit sales before ending production in 2010.
The second-generation Octavia debuted in 2004, introducing dual-clutch transmission options and expanding boot capacity by 32 litres, achieving 2.6 million sales prior to its replacement in 2013. The third generation, manufactured from 2012 to 2020, incorporated revised driver assistance systems, reduced body weight, and efficiency updates, alongside an exterior facelift in 2017.
The current fourth-generation Octavia launched in November 2019 in liftback and Combi formats. An update introduced in early 2024 added safety equipment, including up to ten airbags and revised driver fatigue monitoring software, as the vehicle continues to serve commercial and private markets globally.
Maruti Suzuki Commences Rail Dispatches To Tamil Nadu’s Pollachi Terminal
- By MT Bureau
- August 26, 2026
Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has announced its automobile rake reached Pollachi Railway Terminal in Tamil Nadu, making it the first passenger vehicle manufacturer to dispatch vehicles by rail to the terminal.
The rake carried 120 vehicles, including Wagon R, Ertiga, Dzire and Celerio models, and departed from the Manesar in-plant railway siding on 18 August 2026.
Maruti Suzuki worked with Indian Railways to operationalise Pollachi Railway Terminal for rail-based vehicle dispatches. The location adds a destination in Southern India alongside Coimbatore.
The terminal enhances the ability of the company to serve customers across the region ahead of the Onam festival in Keralam. The facility can support 70 automobile rakes annually, enabling the delivery of 11,000 vehicles each year through railways.
Interestingly, the manufacturer adopted rail-based vehicle dispatches during FY 2014-15 to reduce CO2 emissions, fuel consumption and road congestion. The company increased the share of rail in outbound vehicle dispatches from 5 percent in FY 2014-15 to 26.5 percent in FY 2025-26, dispatching 3.2 million vehicles cumulatively via rail networks to date.
Maruti Suzuki India aims to increase the share of rail-based vehicle dispatches to 35 percent by FY 2030-31 to reinforce commitments to rail logistics.

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