Simple Energy signs MoU with US company C4V to manufacture Li-Ion cells in India.

Bangalore-based EV startup Simple Energy partnered with US-based company C4V to manufacture Li-Ion cells in India. C4V is a lithium-ion battery technology company based in Binghamton, New York. Both the companies signed an MoU to set up a Li-Ion cell manufacturing ecosystem in India.

Simple energy aims to produce cells with industry-leading safety, higher energy density than LFP, faster charging, and a longer life cycle.

The advanced battery tech will feature in Simple Energy’s upcoming two and four-wheelers.

Commenting on the partnership, Shreshth Mishra, Co-founder, of Simple Energy said, “Simple Energy is leading the Indian EV industry by vertically integrating the entire value chain, thus bringing better synergy and higher localization. By partnering with C4V, we will consolidate cell supply, which is a vital component for us. This strategy also makes us more self-reliant and reduces our dependency on imports.