MaxVolt Energy Secures 55,000 sq. ft. Land for UP Battery Plant, Backed by Revenue Growth

The facility is currently under development and is expected to become operational by February 2026. MaxVolt Energy is currently set to triple its annual production capacity from 72,000 units per annum to 2.25 lakh units annually.

MaxVolt Energy, a clean-energy storage innovator, has recently expanded its battery manufacturing footprint in the Duhai Industrial Area in Uttar Pradesh. In a press release, the company announced that it has secured a new 55,000 sq. ft. facility, which will serve as a production-capacity enhancement plant.

The company said the new plant is expected to scale sustainable battery manufacturing in India. The facility is currently under development and is expected to become operational by February 2026. With this strategic expansion, MaxVolt Energy is set to triple its annual production capacity from 72,000 units per annum to 2.25 lakh units annually. Additionally,

Building on String Financial Performance

Reflecting MaxVolt Energy’s expansion, the company reported strong financial performance and revenue growth. In the 2025–26 (H1 FY26) financial year, during the first half, it recorded revenue of ₹1,308.06 million (₹130.8 crore). The company explained that this surpassed its full-year revenue of over ₹107 crore recorded in the previous financial year.

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Its financial performance was further supported by sharp year-on-year growth, led by both rising market adoption of MaxVolt’s products and national footprint expansion. This was supported by strong demand across the clean energy and electric mobility segments.

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Expanding Footprint in Battery Management

MaxVolt Energy, apart from its battery take-back and reuse programme, has also set up a repurposing facility and is now in the process of establishing a dedicated recycling plant within India.

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The company said it's covering approximately 70% of India in terms of sales reach by supporting customers across regions to return their used batteries. These batteries, as the company explained, would be repurposed for solar streetlights, portable electronic devices, and other rechargeable applications. Thus, it can reduce battery waste while recovering valuable materials that would have otherwise ended up in landfills.

Speaking on the expansion, Vishal Gupta, Co-Founder, Chairman & CTO, MaxVolt Energy, said, “This upcoming facility represents a significant leap in strengthening India’s energy-storage manufacturing capabilities. As we work toward making it operational by early 2025, our focus remains on building a technologically advanced production ecosystem that supports high-quality, scalable, and future-ready battery solutions.”