Earlier in the day, Naxion Energy launched its sodium-ion-based energy storage systems, claimed to be the first such offerings in India. Developed at the Coimbatore facility, the new integrated platform combines a battery, inverter, and solar Maximum Power Point Tracking (MPPT) unit

Naxion Energy, a sodium-ion battery manufacturer, will invest Rs 200 crore by December 2026 to expand its production capacity and set up a new facility. The company will also increase its workforce by 50 per cent as part of its growth strategy.

Headquartered in Hyderabad, the company currently operates a manufacturing plant in Coimbatore and focuses on high-performance sodium-ion battery packs for mobility and energy storage needs. As part of its expansion, a new manufacturing unit is being established and is expected to become operational next year to meet rising demand from OEMs and enterprise clients, CEO Abishek Reddy said on Thursday.

He said the company plans to build both an assembly unit and a cell manufacturing facility, which will become its second major production plant.

Earlier in the day, Naxion Energy launched its sodium-ion-based energy storage systems, claimed to be the first such offerings in India. Developed at the Coimbatore facility, the new integrated platform combines a battery, inverter, and solar Maximum Power Point Tracking (MPPT) unit.

The company said the technology addresses key gaps in India’s backup power ecosystem by offering a safer, lighter, and more cost-efficient alternative to traditional lead-acid batteries. The system is designed for residential, commercial, industrial, and defence applications, providing long cycle life and reliable performance even in extreme Indian weather conditions.

Reddy said the new platform will help the company scale across high-demand segments and collaborate with OEMs to support a shift to cleaner and more reliable energy solutions.

The sodium-ion storage systems are engineered to replace diesel generators and overcome the limitations of lead-acid systems, offering two to three times longer life while reducing operational costs and downtime. They will be available in 3.5 kW, 5 kW, and 10 kW models with built-in batteries, and each unit can be expanded to double its capacity.