Toshiba India today announced the signing of an agreement with EVage Automotive 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 charging battery packs.
This is the first deployment of lithium titanium oxide (LTO) cells into commercial delivery vans, noted Shuichi Ito, Managing Director, Toshiba India. He said, 'I am extremely delighted to sign this agreement with EVage that will help EVage to introduce the next-generation electric commercial vehicles and address the issue of air pollution from tail-pipe emissions.'
The agreement guarantees the availability of enough cells in 2023 to meet EVage’s aggressive production ramp-up and fulfilment of the thousands of existing reservations for its delivery vans in India. EVage is a key supplier of zero-emissions electric vans to global companies like Amazon and Delhivery, among others.
Inderveer Singh, Founder & CEO, EVage, said, “It’s exciting to announce with Toshiba India today that EVage is bringing LTO chemistry cells to commercial trucks for the first time with Toshiba SCiB line. Their performance enables our customers to achieve the best economics in their fleets, and Toshiba’s scale allows EVage to hit our key cost and margin targets.”
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