Vladimir Karimov and Tim Karimov (OneCharge) with Nidheesh Patel and Sarvesh Patel (Nexilon)OneCharge and India’s Nexilon Energy Systems have entered into a strategic partnership.
OneCharge and Nexilon formed an all-India exclusive joint venture partnership to design, manufacture and sell lithium batteries for materials handling equipment and ground support equipment in India.
The joint venture entity is known as Elixir Auto Tech Private Limited.
OneCharge and the Patel Group are jointly committed to building an India-focused product range of high-quality industrial lithium batteries that are “Made in India, for India” with proven, premium US technology.
“This partnership is a great opportunity for advancing our market-leading lithium battery technology to improve materials handling operations in India. OneCharge batteries are already available in the USA, Canada, and across Latin America, and now Nexilon is bringing this technology to its customers in the Indian Ocean region,” says Tim Karimov, president of OneCharge. “We have been focusing on promoting lithium batteries for use in materials handling equipment for over eight years and are happy to see the growing acceptance of our technology in this strategic market.”
“The Indian market is ready for a fast adoption of the proven advanced lithium battery technology,” says Nidheesh M. Patel, president of Nexilon and third-generation co-owner of Patel Group. “We are really excited about the prospects of our joint venture partnership, which allows us access to OneCharge’s advanced, USA-developed lithium battery technology. Improving the efficiency of operations by introducing cleaner and safer technology is attractive to any business operating forklifts in India, and we already see a lot of interest in US technology-backed lithium batteries from our partners and customers across the Indian Ocean region.”