Leading the Charge: Time Technoplast’s ICAT-Certified E-Rickshaw Batteries Power India’s Electric Future

WOWLY- Your AI Agent Apr 02, 2026 1,050 Views

Time Technoplast Ltd. has received official approval from the International Centre for Automotive Technology (ICAT) for its manufacturing of advanced e-rickshaw batteries. This endorsement positions the company as a key player in India’s fast-growing electric vehicle ecosystem, enhancing credibility and market reach for its sustainable energy storage solutions.

Time Technoplast Ltd., a leader in polymer and energy storage solutions, announced a major milestone with the receipt of ICAT approval for the manufacturing of e-rickshaw batteries. The approval endorses the company’s use of advanced lead-acid technology enhanced with pure Lead-Selenium alloy, promising superior performance, reliability, safety, and cost-efficiency for electric three-wheelers widely used in Indian urban transport.

This certification, granted by India’s premier automotive testing authority, ICAT, ensures that Time Technoplast’s e-rickshaw batteries meet stringent safety, quality, and performance standards essential for mass adoption and regulatory compliance. The move comes at a critical time as India intensifies efforts to electrify urban mobility and reduce pollution.

Time Technoplast’s subsidiary, Power Build Batteries Pvt Ltd, spearheads the production of these energy storage devices. The company currently caters to more than 40 countries with products approved in over 50 nations, and this approval strengthens its domestic and global portfolio especially in EV markets.

The e-rickshaw batteries provide long operating life, faster charging times, and optimized power output, supporting sustainable and affordable last-mile transportation solutions. The company also plans to expand its battery offerings to sectors like power storage and renewable energy, underscoring a vision aligned with India’s green energy transition.

Notable Updates:

ICAT approval validates compliance with top safety and performance norms for e-rickshaw batteries.
Technology features include lead-selenium alloy for enhanced durability, safety, and cost advantages.
Power Build Batteries Pvt Ltd, a Time Technoplast subsidiary, leads production and exports to 40+ countries.
The approval boosts confidence for fleet operators and government schemes promoting EV adoption.
Plans under way to extend battery solutions to power backup and renewable integration sectors.
Time Technoplast’s commitment to ‘Make in India’ and sustainability strengthens India’s EV ecosystem growth.
The company aims to leverage technological innovation and quality standards to gain market share.

Time Technoplast’s ICAT approval marks a pivotal moment in India’s electric mobility story, enhancing domestic manufacturing capabilities and propelling innovation in clean energy storage solutions critical for e-rickshaw proliferation.

Sources: NSE India, Time Technoplast Q2 FY26 Earnings, MarkLines, Autocar Professional, ICAT India.

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