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Maxwell Energy System Pvt
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Delivers ISO26262-certified BMS for EVs
Maxwell Energy System Pvt
Work Here?
Delivers ISO26262-certified BMS for EVs
Overview
Maxwell Energy System Pvt focuses on developing and deploying Battery Management Systems (BMS) for electric vehicles and energy storage. Its flagship ISO26262-certified BMS ensures safety and performance of high‑power lithium‑ion batteries and is already used in 70,000 cells across 17 countries. The company sells BMS solutions to automotive OEMs and offers a connected cloud and mobile app ecosystem for analytics and diagnostics, enabling data-driven decisions. Unlike many competitors, Maxwell Energy combines a rigorous safety-certified hardware/software stack with an integrated cloud-based analytics platform and global OEM deployments. Its goal is to accelerate the transition to a fully electric transportation future by improving safety, efficiency, and connectivity in the EV and energy-storage markets.
About Maxwell Energy System Pvt
Industries
Data & Analytics
Automotive & Transportation
Enterprise Software
Company Size
51-200
Company Stage
Acquired
Total Funding
$3.6M
Headquarters
Bengaluru, India
Founded
2016
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Simplify's Take
What believers are saying
- Endurance completed Maxwell's full acquisition on May 16, 2025, providing capital backing.
- Endurance's H1 FY26 orders included Rs 300 crore battery-pack business, strengthening adjacent demand.
- Maxwell's localized high-voltage BMS is already positioned for 2026 commercial-vehicle incentives.
What critics are saying
- Maxwell posted a INR 205.3 million net loss in March 2025.
- March 2026 PMP localization rules punish non-localized BMS suppliers immediately.
- Hero Electric volume concentration makes any program delay hit Maxwell hard.
What makes Maxwell Energy System Pvt unique
- ISO26262-certified BMS anchors Maxwell Energy's safety story for global OEMs.
- Endurance Technologies now owns Maxwell outright, deepening supply-chain and manufacturing integration.
- Hero Electric chose Maxwell for a three-year, 1,000,000-unit BMS supply agreement.
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Funding
Total Funding
$3.6M
Above
Industry Average
Funded Over
2 Rounds
Benefits
Wellness Program
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 1%2 year growth
↑ 4%Maxwell Energy Systems (MESPL), the advanced electronics business unit of ION Energy, is being acquired for...
In Mongolia, for example, ION Energy ( https://www.commodity-tv.com/play/ion-energy-achieves-further-milestones-at-the-urgakh-naran-lithium-project/ ) is working on two promising lithium projects, the flagship Baavhai Uul project and the Urgach Naran project.
ION Energy - https://www.commodity-tv.com/ondemand/companies/profil/ion-energy-ltd/ - is working on two lithium projects in mining-friendly Mongolia.
ION Energy is excited to welcome Sameer Bellubbi as its new VP of Product & Customer Success.
ION Energy is excited to say that ION Energy has just welcomed Pratap Jiddimani as its new VP of Engineering.
Maxwell Energy System Pvt is Hiring for 18 Jobs on Simplify!
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About Maxwell Energy System Pvt
Industries
Data & Analytics
Automotive & Transportation
Enterprise Software
Company Size
51-200
Company Stage
Acquired
Total Funding
$3.6M
Headquarters
Bengaluru, India
Founded
2016
Maxwell Energy System Pvt is Hiring for 18 Jobs on Simplify!
Find jobs on Simplify and start your career today