Octillion Power Systems, a provider of advanced lithium-ion storage systems for e-mobility, has announced that it has accomplished two milestones of 100,000 electric vehicles globally powered by its batteries and 2 billion kilometers driven, respectively.
Octillion has seen swift growth in production capacity, experience, and partnerships over the last decade. With operations in the United States, India, and China, the company has stretched production capacity to more than 3 GWh to meet the accelerating demand for EVs as the market develops; the company plans to double this capacity in the subsequent three to four years.
Octillion endures increasing its market share and customer base globally. In India, Octillion has become the prominent battery pack manufacturer delivering batteries for more than 600 buses to the country’s rapidly growing market.
In the US, Octillion supplies batteries to companies such as Colorado’s Lightning Systems, a fast-growing commercial fleet electric powertrain manufacturer, as well as other commercial OEMs.
Octillion holds more than 270 patents covering key battery management technologies, comprising liquid-cooling systems, battery thermal runway detection systems, thermal management modules, battery safety monitoring methodologies, and overcharging prevention techniques.