NSEUpdates9 Jul 2026 · 9 Jul 2026, 08:48 am
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Ravindra Energy Limited · RELTD
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Ravindra Energy's associate company, Energy In Motion Limited (EIM), has signed a 500 MWh battery pack deal with Contemporary Amperex Technology Co., Limited (CATL). This partnership will provide EIM with high-quality battery supply for its electric heavy commercial vehicles.
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Growth Catalyst8/10
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General Business Announcement about Associate company - Energy In Motion Limited (EIM) Signs 500 MWh Battery Pack Deal with Contemporary Amperex Technology Co., Limited (CATL)
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July 9, 2026
Dept. of Corporate Services, National Stock Exchange of India Limited
BSE Limited Exchange Plaza, Plot No. C/1, G Block,
Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (E)
Dalal Street, Mumbai- 400001, Mumbai - 400 051,
Maharashtra, India. Maharashtra, India.
Scrip Code: 504341 Scrip Code: RELTD
ISIN: INE206N01018
Sub: General Business Announcement under Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015 –
“Energy In Motion Limited (EIM) Signs 500 MWh Battery Pack Deal with Contemporary Amperex Technology
Co., Limited (CATL)”
Dear Sir/Madam,
We are pleased to release an update regarding our associate company EIM.
Mumbai, India – 8th July 2026: Energy In Motion Limited (EIM) has executed a Letter of Agreement (LOA) with
Contemporary Amperex Technology Co., Limited (CATL) to establish a supply partnership for the supply of its
Lithium Iron Phosphate (LFP) cells and battery pack kits to EIM in India.
Under the agreement, CATL will supply 0.5 GWh of its LFP cells consisting of the upgraded CB7T0 cell Model
& L324D06 battery pack platform. This latest cell and pack model for heavy commercial vehicles has
significantly higher cycle life and volumetric density compared to the previous cell model CB230 used by EIM.
The packs will be configured into 400.6 kWh systems for integration into EIM’s E-Tractor 4x2 Ashwa series.
EIM will be the launch customer for this new generation of CATL battery systems in India. These will be fitted
into swappable battery boxes by EIM which are customized for India’s high ambient temperature operating
conditions.
EIM is building an electric heavy commercial vehicle ecosystem including megawatt-scale charging/swapping
stations across the country. It’s first electric heavy vehicle namely the Ashwa 55-ton e-tractor was launched
on August 1st, 2025. EIM has already commissioned six heavy-duty swap stations in Delhi-NCR region & JNPA
port area with a daily swap capacity of 840 battery swaps/day. EIM is targeting 40 operational heavy
commercial vehicle swap cum charging stations by the end of March, 2027
CATL, the world’s largest battery manufacturer, held a 39.2% share of global power battery market in 2025. The
company has a market capitalisation of approximately 280 billion USD.
Registered Office: BC 105, Havelock Road, Camp, Belgaum – 590001, Karnataka, India.
P +91-831-2406600 | CIN L40104KA1980PLC075720
W www.ravindraenergy.com | E contact@ravindraenergy.com
Commenting on the partnership, Mr. Narendra Murkumbi, Managing Director of EIM, said:
“Securing world-class battery supply from CATL — the global leader in battery manufacturing — is a major
milestone for EIM. This agreement assures the quality, reliability and scale required to execute our network
expansion and opens doors to all long-haul commercial applications.”
About Energy In Motion (EIM) –
Energy In Motion Limited (EIM) is a provider of integrated electric mobility solutions for long-haul freight
transportation. Through the deployment of advanced heavy-duty electric trucks supported by battery-
swapping and charging infrastructure, EIM enables efficient, reliable, and sustainable logistics operations while
accelerating the transition towards renewable energy-led freight mobility. EIM is an associate company of
‘Ravindra Energy Limited’ which is listed on the NSE and BSE with symbol “RELTD”
The above-mentioned information will also be available on the website of the Company at:
www.ravindraenergy.com.
You are requested to take the above information on record and disseminate the same for the information of
the stakeholders.
Thanking you.
Yours faithfully,
FOR RAVINDRA ENERGY LIMITED
Madhukar Shipurkar
Company Secretary and Compliance officer
Mem. No. A64947
Registered Office: BC 105, Havelock Road, Camp, Belgaum – 590001, Karnataka, India.
P +91-831-2406600 | CIN L40104KA1980PLC075720
W www.ravindraenergy.com | E contact@ravindraenergy.com