Eastman Auto and Power Ltd. (EAPL) has announced a strategic partnership with Urja Mobility to supply over 20,000 lithium-ion batteries for electric three-wheelers in India. The two companies formalized the deal with a Memorandum of Understanding on February 11, 2025. The collaboration will focus on battery leasing solutions and integrating advanced technology across the country.
As part of the agreement, Eastman Auto will incorporate Urja Mobility’s Internet of Things (IoT) and software technologies into its lithium-ion batteries. This will allow for remote monitoring and data analytics, making the batteries smarter and more efficient. The move is aimed at boosting the adoption of electric vehicles (EVs) in India’s transport sector.
Through its subsidiary, Eastman New Energy Private Limited, EAPL plans to expand its presence in the growing electric three-wheeler market. The partnership will focus on advancing and deploying lithium-ion battery technology specifically for the EV industry.
Shekhar Singal, Managing Director of Eastman Auto and Power Ltd., highlighted that this collaboration would support India’s efforts to reduce carbon emissions. Pankaj Chopra, Co-Founder and Director of Urja Mobility, emphasized the goal of providing affordable and reliable battery solutions to electric vehicle operators.
The Indian electric three-wheeler market is rapidly expanding, fueled by government initiatives like the FAME II scheme (Faster Adoption and Manufacturing of Electric Vehicles). This scheme offers incentives for purchasing EVs and building charging infrastructure. With significant growth in the sector, electric three-wheelers now account for a major portion of overall EV sales. The introduction of battery leasing models helps lower the high initial costs of electric vehicles, making them more affordable for commercial operators.
The collaboration between Eastman Auto and Urja Mobility is a key step toward India’s push for sustainable transportation. The country aims to reduce its dependence on fossil fuels and cut down urban air pollution. The Indian government has set a target of achieving 30% electric vehicle penetration by 2030.
