Gurugram, Haryana, India & Subotica, Serbia | 7th October 2025: ChemVolt Global, a leading Indian clean energy and storage solutions provider, and ElevenEs, Europe’s premier lithium-ion cell technology and manufacturing company, have announced a landmark strategic partnership. The alliance aims to accelerate Battery Energy Storage Systems (BESS) development, lithium-ion cell manufacturing, and electric vehicle (EV) battery pack supply across India.
Driving Advanced Energy Storage in India
This collaboration leverages ChemVolt Global’s expertise in project development, engineering, procurement, and construction (EPC), along with local market execution, and combines it with ElevenEs’ cutting-edge LFP cell technology and large-scale European manufacturing experience. Together, the companies plan to create a robust ecosystem for advanced energy storage solutions and electric mobility in India.
Key Objectives of the Partnership:
- Deployment of Advanced BESS Solutions:
- Rollout of grid-scale and commercial BESS systems across India and the Middle East.
- Utilization of high-performance lithium-ion cells with longer life cycles, minimal degradation, and superior thermal stability.
- Lithium-Ion Cell Manufacturing Collaboration:
- Integration of ElevenEs’ European cell technology to boost India’s self-reliance in battery production.
- Support for domestic manufacturing capabilities and innovation in energy storage technologies.
- EV Battery Pack Supply to OEMs:
- Provision of reliable, fast-charging, and safe EV battery packs to Indian automotive manufacturers.
- Accelerating adoption of electric vehicles across urban and regional markets.
A Milestone in Europe–India Industrial Cooperation
This partnership marks a significant milestone in Europe–India collaboration in advanced energy technologies. By combining European technological expertise with India’s local execution and growing market potential, the alliance strengthens both countries’ competitiveness in renewable energy and EV supply chains.
Leadership Insights
Kuldeep Gupta, CEO of ChemVolt Global, said:
“This partnership with ElevenEs represents a defining moment for India’s clean energy and electric mobility ambitions. Beyond technology, it reflects deepening industrial cooperation between India and Europe, positioning both nations at the forefront of the global energy transition.”
Nemanja Mikać, CEO of ElevenEs, added:
“Our collaboration with ChemVolt Global brings our proven LFP cell technology and large-scale manufacturing to India. This partnership is foundational to India’s energy independence and reinforces our shared commitment to innovation and global leadership in clean technology.”
Conclusion
The ChemVolt Global–ElevenEs partnership is set to drive India’s clean energy transformation, foster domestic battery manufacturing, and accelerate electric mobility adoption. This strategic alliance not only enhances bilateral industrial ties but also positions India and Europe as leaders in next-generation energy storage and EV technologies.