Maxvolt Energy Expands to 2.25 Lakh Annual Capacity, Accelerates Circular EV Battery Mission

Maxvolt Energy is set to significantly expand its lithium-ion battery manufacturing capacity with a new facility that integrates recycling and raw-material recovery. The upcoming plant will triple annual production to 2.25 lakh units, supporting India’s shift toward sustainable and circular EV solutions. With a take-back network already covering 30% of India’s pin codes, Maxvolt repurposes used batteries for solar streetlights, CCTVs, routers, and other applications. The company recently achieved revenue of ₹107 crore and is targeting 120–130% growth in FY26. This expansion also strengthens Maxvolt’s global ambitions across the Middle East, Africa, and Europe.