- 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
Honda To Invest $3 Billion In New US Plant To Expand Hybrid Vehicle Production
- By MT Bureau
- November 10, 2026
Honda Motor Co., has announced a USD 3 billion investment to build an automobile manufacturing plant in Central Ohio, increasing its US automobile production capacity to approximately 1.3 million vehicles per year and creating more than 2,000 jobs. Production at the new facility, located between the existing East Liberty and Marysville plants, is expected to begin in 2029 pending regulatory approvals.
The new facility will feature a planned annual production capacity of 240,000 units, capable of assembling hybrid, petrol and battery-electric vehicles. The project forms part of a series of manufacturing investments across operations in Ohio, Alabama and Georgia designed to expand production of hybrid-electric vehicles and powertrains, expanding Honda's total North American vehicle assembly capacity to 1.9 million units annually.
The expansion supports the Japanese automotive major’s global plan to introduce 15 hybrid models by 2030. Additional network initiatives include retooling the Alabama Auto Plant to produce a V6 hybrid engine, retooling the Anna Engine Plant in Ohio for a four-cylinder Atkinson-cycle engine and expanding hybrid system assembly at transmission facilities in Ohio and Georgia to increase Ohio hybrid system output by 250 percent. Honda of Canada Mfg. in Alliston, Ontario, will also undergo retooling for hybrid model and engine assembly.
Bob Nelson, Executive Vice-President of American Honda Motor Co., said, "As Honda approaches 50 years of building products close to our customers in America, we are making one of the most significant commitments in our history to position Honda for the next 50 years. These investments strengthen America’s role as a cornerstone of Honda’s global future and reflect our confidence in our more than 30,000 Honda associates and the strength of American manufacturing. By expanding our comprehensive R&D and manufacturing capabilities, we will be better positioned to serve our customers and contribute to the economic vitality of the communities where we operate."
Mike DeWine, Governor of Ohio, said, "Honda's leadership could have chosen to build this plant anywhere in the world, but they chose Ohio because there are so many advantages to being here. For almost half a century, Honda and Ohio have grown together, and generations of families have built their careers on Honda's manufacturing lines. Today's announcement isn't just an investment in a new facility - it's an investment in Ohio's people and Ohio's future."
- Hindustan Zinc
- Zinc Industrial Park
- Gainwell Commosales
- Epiroc Mining India
- Sai Deepa Rock Drills
- Shree Nakoda Infrasteel
- Suryakiran Earthmovers
- J.G. Chemicals
- EPCM Service & Supply
- Jasta Alloys
- Jammu Pigments
- Ampex Energies
- Rajasthan State Industrial Development and Investment Corporation
- RIICO
- Amarendu Prakash
Hindustan Zinc Inks 11 MoUs For Proposed Industrial Park In Rajasthan
- By MT Bureau
- November 05, 2026
Hindustan Zinc Limited has signed 11 Memoranda of Understanding (MoUs) at the ZnAL Confluence 2026 in Jaipur to advance the development of its proposed Zinc Industrial Park at Khankhala in Bhilwara district, Rajasthan.
The MoUs were executed with industrial partners including Gainwell Commosales, Epiroc Mining India, Sai Deepa Rock Drills, Shree Nakoda Infrasteel, Suryakiran Earthmovers, J.G. Chemicals, EPCM Service & Supply, Jasta Alloys, Jammu Pigments and Ampex Energies.
The participating entities intend to set up manufacturing, engineering and service operations connected to zinc and allied value chains. The proposed park, developed in collaboration with the Rajasthan State Industrial Development and Investment Corporation (RIICO), provides developed industrial land, access to a share of Hindustan Zinc's metal output, and research capabilities from the company's Centre of Excellence.
The park infrastructure supports Micro, Small, and Medium Enterprises (MSMEs) with investment entry levels starting from INR 50 million, covering sectors such as galvanising, die-casting, zinc alloys, zinc oxide and wire manufacturing.
Amarendu Prakash, CEO and Whole-time Director, Hindustan Zinc, said, "Zinc Park is a strategic initiative that reflects our long-term vision of building a globally competitive downstream ecosystem for zinc-based industries in India. The growing confidence of industry partners, across manufacturing, engineering and services, shows the strength of the proposition. Through assured ecosystem support, renewable energy integration and strong collaborations, we aim to enable MSME growth, create local employment and strengthen domestic manufacturing."
Dürr Delivers 20,000th Painting Robot To Ford Plant In Spain
- By MT Bureau
- November 04, 2026
German robotics supplier Dürr has delivered its 20,000th painting robot, an EcoRP4 generation model, to Ford's manufacturing facility in Valencia, Spain. The milestone unit operates in a primer station on the exterior application line for the Ford Kuga following its installation in August 2026.
The EcoRP4 L033L/R robot functions alongside the EcoBell4 rotary atomiser to apply primer to vehicle bodies. The platform features a simplified mechanical design with fewer components to lower lifecycle costs and streamline maintenance compared to previous generations, while supporting floor-mounted, tower and linear-rail configurations.
At the Ford plant, the system operates with the EcoMCC3 A/B colour changer, the EcoBell4 Pro 2x1K atomiser, and high-transfer-efficiency application process technology to reduce material consumption, overspray and volatile organic compound emissions.
Marcus Treppschuh, Senior Vice-President of Sales and Marketing, Dürr, said, "The 20,000th painting robot from Dürr represents decades of experience in automated painting. The fact that this milestone has been reached with one of the first models from our new EcoRP4 generation underlines our commitment to consistently combining innovation and proven technology."
Hindustan Zinc Launches Next-Gen Alloys VedAZ And VedAyush For Galvanising Industry
- By MT Bureau
- November 03, 2026
Hindustan Zinc has announced the launch of two zinc alloys, VedAZ and VedAyush, to expand its value-added product portfolio for the galvanising industry. The introduction aims to address process efficiency, coating consistency, and corrosion protection for galvanised steel across the infrastructure, automotive and manufacturing sectors.
The move comes as corrosion-related losses in India are estimated at approximately 4.3 percent of the country's annual gross domestic product, according to a 2026 report by the CII and Nomura Research Institute.
The company produces the alloys through its wholly owned subsidiary, Hindustan Zinc Alloys, which operates a 30,000-tonne-per-annum zinc alloy melting and casting facility in Rajpura Dariba, Rajasthan.
VedAZ is a specialised zinc-aluminium master alloy designed to control aluminium levels in galvanising baths, supporting stable bath chemistry, uniform coating thickness and reduced dross formation. VedAyush is a zinc-aluminium-magnesium alloy engineered to improve corrosion resistance, coating adhesion and surface stability in coastal and industrial environments.
The company's value-added offerings also include Bureau of Indian Standards certified die-casting alloys HZDA-3 and HZDA-5 for automotive, electrical and consumer hardware applications.
Amarendu Prakash, CEO and Whole-time Director, Hindustan Zinc, said, "We see significant scope to grow our value-added zinc business across infrastructure, automotive, engineering and consumer products. Customers in these sectors need specialised grades tailored to their manufacturing processes and performance requirements. VedAZ and VedAyush broaden the range of needs we can address and create opportunities to build closer customer relationships. Our integrated operations and alloy manufacturing capabilities provide a strong base to develop customised products and scale this business. We want value-added products to become a larger part of our portfolio, helping us reach new customers and capture more value from the zinc we produce."

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