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Toshiba India Private Limited (“Toshiba India”) today announced signing of an agreement with EVage Automotive Private Limited (“EVage”) to supply its SCiB™ rechargeable lithium-ion cells to power the next 10,000 EVage electric commercial vehicles. This partnership follows two years of development and joint validation to incorporate these cells into EVage’s proprietary ultra-stable and rapid charging battery packs.

The agreement guarantees availability of enough cells in 2023 and to meet EVage’s aggressive production ramp-up and fulfilment of the thousands of existing reservations for its delivery vans in India. The partnership with Toshiba India also ensures EVage will meet its cost and margin targets.

This is the first deployment of lithium titanium oxide (LTO) cells into commercial delivery vans, assisting EVage vehicles to achieve breakthroughs in battery safety, reliability and performance, a major benefit for its delivery fleet customers. The proprietary commercial automotive battery pack comes with the following capabilities:

● Toshiba’s SCiB™ cells have proven to have high functionality across charge and temperature ranges, while maintaining high levels of safety. With these technologies, EVage’s battery pack is safe for full operation to 65°C and is extremely tolerant to impacts with low risk of thermal runaway.

● Unparalleled reliability: EVage’s commercial vehicles to recharge fully in 20 minutes. Its pack, incorporating Toshiba’s SCiB™ rechargeable lithium-ion cells, is able to handle such rapid charging over 20,000** cycles and remain performant and in-operation.

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