In Pictures: Varroc and Forsee Power Form Joint Venture to Scale EV Battery Pack Solutions in India

Electric scooters line a city street, a segment the Varroc-Forsee Power venture plans to target after launching with three-wheeler packs.

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The joint venture aims to scale battery pack solutions as electric mobility spreads across vehicle segments in India.

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Forsee Power India will operate under Varroc's management and operational control following the 45% equity deal.

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Battery pack demand is rising as more electric vehicles hit roads worldwide.

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The partnership targets two-wheelers, light commercial vehicles, buses, trucks and off-highway vehicles beyond its initial three-wheeler focus.

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Varroc Engineering will take operational control of the joint venture while Forsee Power supplies its battery technology expertise.

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The deal positions the venture to scale EV battery pack production across multiple vehicle categories in India.

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Expanding charging infrastructure supports the growing fleet the joint venture expects to serve.

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The joint venture underscores growing investment in India's electric vehicle supply chain.

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