Nash Energy is a trailblazing battery manufacturer within the Nash Group, a diversified conglomerate with over 50 years of experience serving automotive and energy-related OEMs. Headquartered in Bengaluru, India, the company focuses on advanced lithium-iron phosphate (LFP) batteries for electric vehicles (EVs) and stationary energy storage systems. As India’s first company to achieve mass production of LFP cylindrical cells—exemplified by its flagship NEI32140E model—Nash Energy combines Japanese R&D expertise with onshore manufacturing to deliver high-performance, cost-effective energy storage solutions.
Their vertically integrated operations span from cell production to BMS integration, supporting applications across two-wheelers, commercial vehicles, renewable energy systems, defense, and medical devices. With a strategic vision to localize critical components and expand production to over 10 gigawatt-hours (GWh) by 2030, Nash Energy is positioned to drive India’s shift toward sustainable energy. Their quality management system prioritizes safety, environmental stewardship, and ethical practices, underpinning partnerships with global leaders like Hyundai, Kia, and Daimler.
Battery Technology
Nash Energy’s core offering centers on its proprietary NE-LFP chemistry, which achieves an energy density of approximately 200 Wh/kg while emphasizing safety and longevity. Their LFP cells, available in cylindrical (including India’s first mass-manufactured NEI32140E), prismatic, and pouch formats, are prized for thermal stability and low degradation rates. Advanced design innovations, such as optimized electrode coatings and structural improvements, aim to push future energy densities above 250 Wh/kg. The company also invests in next-generation solid-state battery research through its Japan-based R&D center, targeting enhanced energy density and operational resilience.
Manufacturing processes are meticulously controlled to guarantee reliability, adhering to BIS safety standards. Nash Energy’s vertical integration—from cell construction using Nash Industries’ metal components expertise to module assembly—ensures consistency. The 600 MWh plant in Bengaluru (inaugurated in 2024) demonstrates its capacity to scale, with plans for a Giga Factory by 2025. Component advancements, including DC-DC converters, BLDC controllers, and EV chargers, complement core battery systems, enabling tailored solutions for diverse applications like off-road vehicles and grid-scale energy storage.
Recent Projects
A key milestone in 2024 was the launch of Nash Energy’s 600 MWh LFP battery cell facility in Bengaluru, solidifying India’s growing role in battery manufacturing. This plant’s capacity will support both domestic and international EV demand, aligning with the company’s goal to expand to 10 GWh by 2030. Current efforts include optimizing LFP cell design, driven by patents from its Japanese R&D team, and advancing partnerships with global OEMs to supply EV components. The firm is also scaling its defense and industrial applications portfolios, leveraging its high-quality energy storage systems for specialized equipment.
Investors
Nash Energy (I) Private Limited is wholly owned by the Nash Group, with no reported external equity investments. A subsidiary, NASH Renewables based in Germany, secured limited external funding—including an investor stake of 10% from TGS—to develop SaaS solutions for the wind energy market. However, the core battery manufacturing division remains independently capitalized through internal Nash Group resources. The company’s growth relies on strategic reinvestment in R&D, manufacturing facilities, and expanded partnerships rather than third-party financing.
Business Details
Location: Bengaluru, India
Website: https://www.nashenergy.in/
LinkedIn: https://www.linkedin.com/company/93222886
