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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
- August 2026: Maxwell won ₹13 crore BMS orders and launched CT Safe GT.
- Q1 FY27 revenue reached ₹57 crore, and Maxwell posted its first profitable quarter.
- Hero Electric's 2025 partnership targets over one million BMS units in three years.
What critics are saying
- Endurance still owns Maxwell; integration failures dilute focus and talent.
- Q1 FY27 profitability is tiny at ₹1 crore, while scale depends on a few OEMs.
- Aggressive rivals Valeo and Yazaki pressure margins before 4W and truck SOPs.
What makes Maxwell Energy System Pvt unique
- Endurance's 2022 acquisition gives Maxwell OEM access and manufacturing leverage.
- ISO26262-certified BMS and cloud diagnostics differentiate safety-critical EV deployments.
- By August 2026, Maxwell sold 550,000 units across 85 clients, 15 countries.
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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 14 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 14 Jobs on Simplify!
Find jobs on Simplify and start your career today