Indian battery maker SAR Group plans to manufacture electric vehicles

The group had already developed prototypes of city commercial and passenger vehicles and is currently in the process of fine tuning the specs of a battery powered two-wheeler

Building on the success of its battery business, Gurugram-based SAR Group is preparing to enter the electric vehicle (EV) manufacturing space, focusing on two-wheelers, and small commercial and passenger vehicles in the coming months.

SAR Group returned to battery manufacturing business four years ago after divesting 74 per cent stake in the energy storage products brand Luminous to France's Schneider Electric for Rs 1,400 crore back in 2011. Away from its earlier focus on storage and power backup solutions, partly owing to the non-compete agreement it had with Schneider, the company's product lineup this time featured automotive batteries, the experience of