Get All Access for $5/mo

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 Paromita Gupta

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.

Paromita Gupta

Entrepreneur Staff

Features Writer with Entrepreneur India

Covering news and trends in AI and Metaverse segments. An avid book reader running her personal blog on the side. You may reach me at paromita@entrepreneurindia.com. 
Diversity

5 Ways You Can Create a More Inclusive Workplace Immediately -- and Why You Should

The more diversity you bring to your team, the greater your chances of finding groundbreaking insights and solutions.

News and Trends

Tech Burner's Anarc Smartwatch Achieves INR 3 Cr Sales with USD 1 Mn Investment

Anarc features a patented octagonal design by Thought Over Design and Seymourpowell, with a medical-grade stainless steel body. It includes advanced technology like a Hisilicon chipset, AMOLED display, and seven-day battery life.

Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

Marketing

4 Neuromarketing Hacks to Reach More People and Maximize Results

You don't need to be a neuroscientist or have a big budget to start upping your conversions immediately.

News and Trends

Fintech Start-Up CredFlow Secures $3.7M Pre-Series B Funding

CredFlow said that the funding proceeds will go towards "optimizing and scaling the startup's financial services and lending verticals, as well as towards improving its tech and innovation capabilities."

Franchise

The Top 10 Coffee Franchises in 2024

From a classic cup of joe to a creamy latte, grab your favorite mug and get ready to brew up success with the best coffee franchises.