The funding secured from angel investors will enable Maxvolt to enhance its technology, including the development of fast-charging lithium-ion batteries.Maxvolt Energy Industries Ltd, a leading innovator in lithium battery technology, has introduced new safety and performance features for its electric two-wheeler batteries. These features aim to improve user experience and make electric vehicles more reliable and efficient. The company has also secured INR 125 million in funding to support its expansion plans and further develop its technology.
Features
Maxvolt's new batteries incorporate features such as Bluetooth connectivity for real-time performance monitoring and an active equaliser for balanced cell performance. Safety features include multiple temperature sensors to prevent overheating, fire-safe technology, short circuit protection, and overcharge and overcurrent protection. The batteries also feature vibration control and water resistance for durability.
“At Maxvolt, we are committed to delivering not just powerful, but safe and user-friendly battery solutions. Our new batteries are equipped with smart features that give users peace of mind while ensuring top-tier performance. These advancements reflect our unwavering focus on safety, reliability, and the future of electric mobility,” stated the company.
Funding
The funding secured from angel investors will enable Maxvolt to enhance its technology, including the development of fast-charging lithium-ion batteries. It will also support the company's growth strategy and market expansion.
Maxvolt aims to capitalise on the anticipated growth of the global lithium-based battery market, which is projected to reach USD 300 billion by 2035. The company's latest innovations in lithium batteries are intended to redefine the electric scooter and bike market by providing extended range, enhanced safety, and superior performance in a compact and lightweight design.
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