"If the Chinese engineers don't arrive on time, then our cell line production will get impacted," Log9's co-founder and director, Pankaj Sharma, told Reuters.
A delay of about four months in the issue of visas would hamper the speed at which its factory reaches peak production levels, Sharma said.
Log9's Bengaluru factory, its only manufacturing unit currently, has an annual installed capacity of 250 MWh of battery production.
Log9 has sold over 1,000 battery units so far in 2023 after clocking sales of 4,000 units last year, according to Sharma, who declined to disclose the production figures.
The company will begin the next funding round by the end of this year or early next year, Sharma said.
Persons:
Pankaj Sharma, Sharma, Amara Raja, Rama Venkat, Dhanya Skariachan, Eileen Soreng
Organizations:
Reuters, Maersk, Blue Dart Express, Quantum Energy, Hala, Malaysia's Petronas, Thomson
Locations:
BENGALURU, Bengaluru, New Delhi, China, India