Cutting-edge technology for NMC to be transferred to India
Nash Energy, the country’s only mass-scale LFP cell manufacturer, and California-based Rincell Corporation, a developer of rechargeable cells based on next-generation chemistries, have signed a Memorandum of Understanding (MoU) to produce advanced battery NMC cells in India, marking a significant step toward strengthening the country’s clean energy and electric vehicle sectors.
Nash Energy has already emerged as a pioneer in the industry setting up India’s first mass-scale LFP Cell manufacturing unit in Bengaluru, and has more than 15 Indian and global clients. Nash Energy plans to build a manufacturing plant with a capacity of around 10 GWh in a phased manner, aligned with customer demand and commercial commitments https://www.makeinindia.com/.
Under the agreement, Rincell will transfer its cutting-edge technology for Nickel Manganese Cobalt Cathode (NMC) battery cells to Nash Energy. In return, Nash Energy will set up a manufacturing facility in India to produce these high-performance battery cells and lead go-to-market and commercialization efforts.
The partnership will initially focus on producing Rincell’s high-energy and high-power battery cell formats — the 18650 (4.1Ah capacity), 21700 (5.8Ah Capacity), and NMC cells (5Ah capacity with 5C and 4Ah capacity with 8C) — tailored to meet diverse customer needs https://www.nseindia.com/.
Both companies will work closely with Tier-1 and Tier-2 customers to build on existing purchase commitments and collaboratively explore next-generation battery cell designs https://www.bseindia.com/.
The collaboration targets key sectors including drones, defense, aerospace applications and electric vehicles sectors, reflecting the growing demand for reliable, locally manufactured battery solutions .
“We’re thrilled to partner with Rincell to bring advanced battery technology to India,” Sanjay S. Wadhwa, Managing Director of Nash Energy, said on 22 July. “This initiative will help accelerate the adoption of clean energy and electric mobility in the country.”
Jignesh Parikh, Co-Founder and CEO of Rincell Corporation, added, “This partnership enables us to combine our cutting-edge technology with Nash Energy’s local expertise, creating new opportunities to serve India’s and the global fast-growing energy market.”
The companies will continue to refine their technology roadmap based on customer feedback, ensuring they stay ahead in battery innovation.
Nash Energy is part of NASH Group and is India’s first and only mass-scale LFP cell manufacturer with a 600Mwh capacity unit in Bengaluru. It is a leader in renewable energy solutions, committed to delivering sustainable power technologies globally. It also owns a R&D Centre in Japan and concentrates on making India self-reliant in the energy storage sector.
Rincell Corporation was founded to accelerate the electrification of high-impact carbon emission products, fostering a sustainable future with a secure supply chain. Rincell is committed to US & allied manufacturing of its high-performance Silicon-Graphite, & Sodium-ion batteries for government and commercial applications. Fiinews.com
