SRIVARU (SVMH) Announces Battery Test Completion and Approval for the Indian Market
SRIVARU Holding Limited (SVMH)
Company Research
Source: GlobeNewswire
Receives AIS 156 Certification for Lithium Iron Phosphate Battery Pack Ahead of Schedule Pioneering State-of-the-Art Battery Technology through BYD Collaboration GRAND CAYMAN, Cayman Islands and COIMBATORE, India, April 17, 2024 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH; SVMHW) (“SRIVARU” or the “Company”), a prominent provider of premium electric motorcycles, today announced the successful completion of AIS 156 testing and certification for its innovative lithium iron phosphate (LFP) battery pack. The approval, a standard requirement for high-speed electric vehicles in India, marks a significant milestone for SRIVARU, demonstrating the Company’s dedication to delivering first-in-class products to consumers. Collaborating with BYD, one of the world's largest battery suppliers, provides SRIVARU access to premium-quality components and cutting-edge technology. The relationship with BYD also ensures a continuous and uninterrupted supply of key components for SRIVAR
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