📺 Stream EntrepreneurTV for Free 📺

Biliti Electric Breaks Ground For E3W And Battery Pack Plant In Hyderabad The facility will have a production capacity of 2,000 electric three-wheelers per month, positioning itself as a significant player in the global electric vehicle market. The estimated private investment for the new plant is assessed at more than INR 400 crore.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Biliti Twitter

Biliti Electric, a California-based electric three-wheeler start-up held a groundbreaking ceremony for its manufacturing facility in Velimela, Hyderabad. This facility will be spread around 13 acres and will manufacture electric three-wheelers and lithium-ion battery packs, catering to the growing demand for sustainable last-mile mobility solutions.

Jennifer Larson, Consul General of USA, Hyderabad, laid the Foundation Stone during the groundbreaking ceremony. Gopalakrishnan VC, Director of Automotive and EV, Govt. of Telangana was also present at the event.

"Being a US-based company, I am very happy to witness Biliti Electric setting the groundwork for the next phase of its factory expansion in India," said Jennifer Larson. She expressed delight about the company's newly established business partnerships with prominent US companies like GoBolt and FreshDirect.

The facility will have a production capacity of 2,000 electric three-wheelers per month, positioning itself as a significant player in the global electric vehicle market. The estimated private investment for the new plant is assessed at more than INR 400 crore.

Raja Gayam, CEO, Biliti Electric said, "This groundbreaking ceremony marks a pivotal moment for Biliti Electric as we embark on a journey to reshape the future of last-mile mobility globally. Biliti Electric specialises in creating a scalable battery swapping network for urban mobility and energy storage. The company pioneers the development and manufacturing of advanced modular battery technology suitable for various vehicle form factors. Its primary application has been in the realm of three-wheelers for last-mile delivery. Biliti has deployed vehicles and batteries across 15 countries and five continents, with the vision to leverage batteries as distributed energy resources, particularly in urban environments, contributing to energy storage and grid stabilisation at scale."

Biliti Electric currently operates assembly plants in the United States, Portugal, and Kenya. Taskman, Biliti's cutting-edge technology, is utilised by prominent entities such as Amazon, IKEA, JUMIA, BigBasket (Tata), Voi Mobility, Zomato, Flipkart (Walmart), and others.

Entrepreneur Staff

Entrepreneur Staff

Editor

Business News

James Clear Explains Why the 'Two Minute Rule' Is the Key to Long-Term Habit Building

The hardest step is usually the first one, he says. So make it short.

Leadership

How Mindset Plays a Role in Your Entrepreneurial Success

Don't overlook the importance of mindset when you're starting or growing a business.

Growth Strategies

E-Waste Start-ups Capitalizing On EV Battery Recycling

Lohum Cleantech's over 50% revenues are already derived from the EV battery recycling vertical spanning both domestic and international markets.

Management

7 Ways You Can Use AI to 10x Your Leadership Skills

While technology can boost individual efficiency and effectiveness, it's essential to balance their use with human intuition and creativity to avoid losing personal connection and to optimize workplace satisfaction.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.