Pune, Feb. 21 -- Automotive components company Kinetic Group has commissioned its advanced battery manufacturing facility at Ahmednagar in Maharashtra.

With an investment of Rs 50 crore, the facility marks the Group's entry into EV battery manufacturing that will make 'Range-X' brand of batteries for two and three-wheeler electric vehicles (EVs), the Group said in a statement on Friday. The formal plant launch event happened on Thursday.

Located in Ahmednagar, the facility comprises a production capacity of 60,000 high-performance battery packs per year.

The facility will also be manufacturing both lithium iron phosphate battery (LFP) and NMC (Lithium Nickel Manganese Cobalt Oxide battery) type of batteries.

Customisable for two- and ...