MANCHESTER, UK. February 12th, 2025 – Eternity Technologies is pleased to announce the acquisition of the production facility of EnerSys India Batteries Private Limited, located in Vijayawada, India.
This strategic investment reinforces Eternity Technologies’ commitment to India’s rapidly expanding economy and the increasing demand for sustainable energy solutions in logistics, power, and energy storage sectors.
India’s logistics industry is experiencing unprecedented growth, driven by the expansion of e-commerce, infrastructure development, and global trade. As companies transition towards electrification—particularly in forklift trucks and material handling equipment—there is a rising need for high-performance, environmentally friendly battery solutions.
Eternity Technologies will invest significantly in upgrading the Vijayawada facility to transform it into a state-of-the-art production hub, enhancing efficiency, integrating advanced technology, and ensuring adherence to the highest environmental standards. Additionally, the facility will support India’s growing demand for highly reliable stationary batteries for power stations and energy storage applications.
Mark Stevenson, CEO of Eternity Technologies, said: “This acquisition is a key step in our global expansion strategy, strengthening our presence in India’s dynamic market. We are committed to providing cutting-edge battery solutions that support the country’s rapid shift towards electrification and sustainable energy. Our investment in the Vijayawada facility will enhance local production capabilities, ensuring we meet the evolving needs of both the logistics and energy sectors with high-quality, safe, and fully recyclable products.”
Eternity Technologies’ expansion into India aligns with its broader vision of driving innovation, sustainability, and circular economy practices across the battery industry.
ENDS