Vikram Solar's subsidiary launches 'VION' lithium-ion battery range.
Vikram Solar's subsidiary, VSL PowerHive, launched its 'VION' lithium-ion battery brand for e-mobility and home backup. The range includes 1.2 KWH to 15 KWH home batteries and a 5 KWH e-rickshaw battery. The company has secured a 100 MWH BESS order and plans to build significant manufacturing capacity by FY27 and FY29.
The launch diversifies the company's offerings into energy storage, a growing sector, and signifies strategic expansion, which could have a medium-term impact on revenue and market position.
The launch of a new product line and securing a significant order indicates positive business development and expansion.
VSL PowerHive Private Ltd, a wholly-owned subsidiary of Vikram Solar Limited, has launched its flagship brand 'VION', marking its entry into distributed battery storage solutions.
The VION brand offers a range of lithium-ion batteries designed for e-mobility, inverter, and integrated home backup solutions. The initial portfolio includes five commercial battery products catering to inverter batteries, integrated inverter-battery solutions, and e-rickshaw batteries.
For home power backup, VION offers batteries ranging from 1.2 KWH to 15 KWH, designed to provide 3 to 12 hours of backup. These batteries are up to five times lighter than traditional ones, offer fast charging, up to 3000 life cycles, and a warranty of up to 60 months, with an efficiency of up to 97%.
The 'Integrated PowerStack 1.0' is an all-in-one inverter and battery solution in a 1.2 KWH configuration, available in wall-mounted and tabletop options. For e-rickshaws, a 5 KWH battery with LiFePO₄ prismatic cells and AIS-156 compliant safety architecture is offered, with a 36-month warranty.
VSL PowerHive has already secured a 100 MWH BESS order. Vikram Solar Limited aims to build 5 GWh BESS manufacturing capacity by FY27 and 7.5 GWh battery cell manufacturing capacity by FY29.
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Vikram Solar Limited filed this with the NSE as a statutory disclosure, categorised under product launches. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Vikram Solar Limited. Read the original for the full detail.