Apart from expanding its existing plants in Noida and Pune, the fast-growing firm will also set up a new plant in Hyderabad for manufacturing EV components.

New Delhi : JLNPhenix Energy Pvt Ltd, a subsidiary of Singapore-based CLN Energy PTE Ltd. and India’s leading Green Energy Solutions provider is pleased to announce the expansion of its portfolio of products. The company plans to enter into manufacturing of EV Powertrain components at its new 3rd manufacturing unit at Hyderabad. The company will manufacture e-mobility powertrain components at the Hyderabad plant, such as hub-motors, mid-drive motors, motor controllers, DC-DC converters, wiring harnesses, and vehicle display units. The company already has two lithium-ion battery manufacturing plants at Noida and Pune, and now the Hyderabad plant will complete the EV Powertrain component portfolio.  

The company is at the forefront of the “Make in India” initiative. Hyderabad manufacturing facility, which has an expected investment outlay of approximately Rs. 200 Crores further cements its commitment to the Indian market and enhances the footprint in the EV component space. The company caters to major EV OEMs and the Hyderabad facility will further expand its market reach pan India.

The Company boasts of a strong as well as dependable supply chain and offers EV components that are specifically tailored to the customer’s needs. The Company has exclusive agreements with overseas supplier partners, and their technology has evolved from cylindrical to pouch cells. 

Mr Sunil Gandhi, CEO of JLNPhenix Energy, said, “Hyderabad manufacturing plant marks the dawn of a new era for JLNPhenix Energy as we gear up to introduce new products and features and integration of  EV Batteries, and Powertrain components for the EV industry. Last year, we clocked a revenue of Rs 122 cr, on the back of our exponential growth, we’re now well-equipped to launch a new plant in Hyderabad. Acting on our mission to provide adequate support and deliver on the Atmanirbhar & Green Energy Initiative in India, we are also coming up with new business-use cases and innovations to support the changing needs of brands.” 

“We would like to extend our gratitude to the government of Telangana for supporting us with the market entry” he added.  

At the behest of its rapid expansion, JLNPhenix Energy is anticipating an accelerated growth trajectory that is likely to increase both its consumer-base and revenue as they strive to perform better in the next fiscal year. When it comes to the workforce, they’re also looking forward to expanding their employee strength, which currently stands at 300 plus. 

Over the last year, JLNPhenix Energy has served more than 500 customers and helped develop lithium-ion batteries for their specific requirements. The company has established itself in the ever-competitive market on the back of its unique approach, innovative products and proven dedication to comprehensively meeting customer expectations. Catering to a niche segment, its customized solutions also act as a value proposition for the new age brands alongside leading futuristic yet sustainable technological adoption requirements.