Octillion Power Systems, a provider of advanced lithium-ion storage systems for electric mobility, announced it has reached two milestones: 100,000 electric vehicles worldwide powered by its batteries and 2 billion kilometers driven. Octillion has seen rapid growth in production capacity, experience, and partnerships over the last decade. With operations in the United States, India and China, the company has expanded production capacity to more than 3 gigawatt hours (GWh) to meet the increasing demand for EVs as the market matures; the company plans to double this capacity in the next three to four years. Octillion continues to increase its market share and customer base across the globe. In India, for example, Octillion has become the leading battery pack manufacturer after having shipped more than 600 buses worth of batteries to the country’s rapidly expanding market. In the US, Octillion supplies batteries to companies such as Colorado’s Lightning Systems, a […]