Biliti Electric plans Rs 400 crore investment in Hyderabad manufacturing plant

  • Industry News
  • Mar 14,24
The company, which has been set up by the founders of Hyderabad-based Gayam Motor Works, is positioning itself as a significant player in the global EV market
Biliti Electric plans Rs 400 crore investment in Hyderabad manufacturing plant

Hyderabad: California-based Biliti Electric is investing Rs 400 crore in setting up the first phase of a manufacturing facility for electric three-wheelers (E3W) as well as Lithium-ion (Li-Ion) battery packs at Velimela on the outskirts of Hyderabad.

The new facility, which is spread over nearly 13 acres, will have a phase-1 capacity to produce around 2,000 E3W per month and is expected to create around 10,000 jobs.

The company, which has been set up by the founders of Hyderabad-based Gayam Motor Works, is positioning itself as a significant player in the global EV market and the greenfield facility is expected to emerge as a pivotal hub for production of EVs and battery packs to cater to the growing demand for sustainable last-mile mobility solutions.

Speaking at the ceremony, which was held on 10th March, 2024; US consul general in Hyderabad Jennifer Larson termed it as a significant initiative fostering strong business ties between US and India.

She also expressed delight at Biliti’s newly established business partnerships with prominent US companies like GoBolt and FreshDirect.

Biliti Electric, CEO, Raja Gayam said “the ceremony marks a pivotal moment for Biliti Electric as it embarks 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 and has already deployed its vehicles and batteries across 15 countries and five continents, with plans to leverage batteries as distributed energy resources, particularly in urban environments, contributing to energy storage and grid stabilisation at scale.”

Apart from the upcoming facility at Hyderabad, Biliti Electric operates assembly plants in the United States, Portugal, and Kenya with its Taskman technology being utilised by prominent players such as Amazon, IKEA, JUMIA, BigBasket (Tata), Voi Mobility, Zomato, Flipkart (Walmart), among others.

Related Stories

Smart Manufacturing
Israel based EVR Motors to setup manufacturing unit in India

Israel based EVR Motors to setup manufacturing unit in India

The company has already secured commercial agreements with prominent Indian automotive firms.

Read more
Policy Regulation
India to become landfill for Chinese products amid US Beijing tariff war; GTRI

India to become landfill for Chinese products amid US Beijing tariff war; GTRI

These tariffs include a 100% duty on electric vehicles, a 50% duty on semiconductors, and a 25% duty each on electric vehicle batteries originating from China.

Read more
Smart Manufacturing
Zen Mobility unveils game-changing manufacturing hub for Zen Micro Pods

Zen Mobility unveils game-changing manufacturing hub for Zen Micro Pods

Zen Mobility unveiled a production facility for their flagship electric cars, the Zen Micro Pods, designed for city commuters.

Read more

Related Products

Tata Motors unveils facilities for development of Hydrogen propulsion tech

AUTO COMPONENTS & ACCESSORIES

Tata Motors, India?s largest automobile company, unveiled two state-of-the-art & new-age R&D facilities for meeting its mission of offering sustainable mobility solutions. The unveilings constitute of Read more

Request a Quote

Tata Motors plans petrol powertrain for Harrier and Safari SUVs

AUTO COMPONENTS & ACCESSORIES

Tata Motors is in the process of developing a new petrol powertrain for its premium sports utility vehicles, the Harrier and Safari, as confirmed by a senior company official. Currently, these models Read more

Request a Quote

Electric Vehicle Charger

AUTO COMPONENTS & ACCESSORIES

RRT Electro is engaged in manufacturing of customized Power Electronic Products over two decades having capability to Design, Develop, Prototyping, Regulatory Compliance testing & Certification, Manuf Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back