- 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
- Hindustan Zinc
- Vedanta Group
- Zinnovation 2026
- V-Spark DeepTech Ventures
- XCMG
- Sandvik
- STL Digital
- AVEVA
- Beta Tanks Robotics
- Symbioticware AI
- Kernely
- Uncharted Technologies
- Infinite Uptime
- Intellisense.io
- Flutura
- Priya Agarwal Hebbar
- Akarsh Hebbar
Hindustan Zinc And V-Spark DeepTech Ventures Target INR 20 Billion Value Delivery Via Industrial AI
- By MT Bureau
- May 15, 2026
Hindustan Zinc, a Vedanta Group company, hosted ‘Zinnovation 2026’ in partnership with V-Spark DeepTech Ventures. The company aims to achieve INR 20 billion in value delivery through AI-driven industrial transformation. The initiative focuses on accelerating the deployment of technology across mining, smelting and manufacturing operations.
The projected value is expected to be derived from several operational areas, including productivity improvement, cost optimisation, asset reliability and energy efficiency. The transformation also targets enhanced safety, improved mineral recoveries and accelerated decision-making across the company's mines and smelters.
V-Spark intends to extend these AI use cases to the broader manufacturing sector, which currently contributes 17 percent to India’s GDP but maintains lower levels of digital integration compared to other sectors.
During the event, Hindustan Zinc and V-Spark signed several agreements to move technologies from proof-of-concept to industrial scale –
- Memoranda of Understanding (MoUs) were signed with XCMG, Sandvik, STL Digital and AVEVA.
- V-Spark entered agreements with emerging firms, including Beta Tanks Robotics, Symboticware AI, Kernely, Uncharted Technologies, Infinite Uptime, Intellisense.io and Flutura.
- Hindustan Zinc is currently working with over 50 deep-tech startups on more than 100 projects through the V-Spark platform.
Priya Agarwal Hebbar, Chairperson, Hindustan Zinc, said, “The future of manufacturing will be defined by our ability to scale with intelligence. At Hindustan Zinc, we are embedding technology directly into the core of our operations to prove that an industry traditionally defined by grit can be led by data”.
Akarsh Hebbar, Chairman, V-Spark DeepTech Ventures, added, “Zinnovation reflects our commitment to moving innovation from pilots to performance, proving that a 3x to 4x return is a highly achievable reality for deep tech AI enterprises. This is how we create globally benchmarked, future-ready operations across industries.”
The forum highlighted specific industrial applications of AI, such as predictive maintenance, digital twins, autonomous systems and computer vision. Hindustan Zinc also demonstrated its existing digital capabilities, including tele-remote operations and a winder simulator for mining. The venture-client approach utilised by the company is designed to rapidly validate and scale technologies with measurable business impact.
Aptera Motors Moves Toward Production With Five Validation Vehicles
- By MT Bureau
- May 13, 2026
California-headquartered Aptera Motors Corp., the solar mobility company specialising in ultra-efficient electric vehicles, has announced that five validation vehicles have successfully completed assembly on its new low-volume validation line.
The vehicles were manufactured at Aptera's facility in Carlsbad, using a 14-station assembly process designed to bridge the gap between prototype development and high-volume manufacturing. By running multiple units in sequence, the company is validating the assembly system's repeatability and refining technician workflows.
The 14-station line is being used to test cycle times, workstation efficiency and the precision of the manufacturing system. Each build provides real-world data to sharpen production predictability and identify improvements for future high-volume scaling. The five vehicles will now join an expanding validation fleet for a rigorous testing regime, including durability, safety verification, software integration and solar energy harvest performance.
The Aptera EV, with its around 700 watts of integrated solar cells, claims to provide up to 40 miles or 64km of range per day and a 400 miles or 640km range per full charge. It can accommodate 2 passengers plus a pet, and is targeted as a city vehicle.
Chris Anthony, Co-CEO, Aptera Motors, said, "Every vehicle we run through this line teaches us something. With five vehicles now off the line, we have a growing foundation of data, a team that is getting sharper with every build, and a process that is proving itself in real time. That is what gives us confidence as we move toward our goal of customer deliveries."
Steve Fambro, Co-CEO of Aptera Motors, added, "What we are building here is not just vehicles, but the system to build them well. Each cycle through the line improves precision, efficiency and repeatability. This is how we plan to meet our customers' expectations when they finally get their hands on their own Aptera vehicle."
With nearly 50,000 reservations, the transition to a sequenced assembly line is a vital step for Aptera. The ‘low-volume’ approach allows the engineering team to implement firmware and hardware refinements in real-time before finalising the configuration for mass production.
The milestone underscores Aptera's progress in proving that its unique three-wheeled, solar-integrated design can be manufactured consistently at scale, a critical factor for the company as it approaches its first wave of customer handovers.
CNH India Rolls Out 800,000th Tractor From Greater Noida Plant, Plans New Production Facility Too
- By MT Bureau
- May 12, 2026
CNH India, one of the leading manufacturers of agricultural and construction equipment, has achieved a significant manufacturing milestone with the rollout of its 800,000th tractor from its Greater Noida facility.
This achievement highlights the plant's accelerated production pace, as the final 100,000 units were produced in record time following the 700,000th unit milestone in 2024.
Following the success of the New Holland brand, which remains the company’s fastest-growing label in the region, CNH India has announced plans to establish a new tractor manufacturing facility. This expansion is intended to further solidify India's role as a global hub for the design and export of small-to-mid-sized ‘Made in India’ agricultural equipment.
CNH India continues to operate through its Case IH, New Holland, and CASE Construction Equipment brands, supported by its dedicated financing arm, CNH Capital India.
The Greater Noida plant, spread across 60 acres, which has been operational since 1999, serves as a global hub for CNH, manufacturing tractors under the New Holland and Case IH brands. The facility currently has an annual production capacity of 60,000 units, with plans underway to ramp this up to 70,000 units to meet rising domestic and international demand.
The site produces over 3,000 tractor variants, along with engines, transmissions and axles. Products from this facility are exported to over 90 countries across North America, Australia, the Middle East, Asia and Africa. CNH India employs more than 4,000 people across its operations. The plant integrates eco-friendly initiatives, including rooftop solar power, water conservation, and Miyawaki-style afforestation.
Ravi Kundra, Director Manufacturing Agriculture, CNH India, said, “As a key pillar in CNH’s global manufacturing network, our Noida plant continues to deliver world-class, technology-driven solutions, backed by the trust of our customers and our commitment to the future of farming. Rolling out our 800,000th tractor from the Greater Noida facility is a significant milestone that reflects the strength and agility of our manufacturing operations, especially achieved in the shortest time till date – a reflection of our growing volumes in domestic and export markets.”
Toyota Motor Corp’s Tahara Plant Goes Carbon Neutral
- By MT Bureau
- May 01, 2026
Japanese automotive major Toyota Motor Corporation has announced that its Tahara Plant, located in Tahara City, Aichi, has become the first Toyota facility in Japan to reach carbon neutrality at the plant level.
The facility is spread across 4.03 million square metres and employs approximately 9,000 people, it is one of the company's largest production sites.
At the Tahara Plant, carbon neutrality involves reducing greenhouse gas emissions from vehicle production as much as possible. Unavoidable emissions are balanced through removal activities, such as forest management. The scope of this achievement covers all manufacturing activities within the plant premises.
The Japanese automotive major implemented several large-scale projects at the plant to eliminate emissions. This includes installation of wind turbines standing 145 metres tall, which are among the largest in Japan. The placement of approximately 1,200 solar panels along the facility's test course. Specific changes were made within the vehicle manufacturing process itself to lower carbon output.
The transition was supported by the ‘One Tahara’ slogan, which encouraged the entire workforce to operate as a single team. Beyond infrastructure changes, the plant introduced initiatives to ensure every employee took an active role in reaching the goal.

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