How this Company is leading the next stage of EV Revolution

We believe that the right management can make or break a company’s future. As part of our commitment to empowering retail investors, we’re inviting you to submit your questions for the promoters of following companies whom we'll be interviewing next on our Green Sharks Podcast. Join the community, ask your questions, and get early access to these episodes: https://chat.whatsapp.com/Ecqpk8v2Qu4... -------------------------------------------------------------------------------------------------------------------Mercury EV Tech is positioning itself as the antidote to India's early EV disappointments – building everything from e-rickshaws and electric scooters to sports cars and grid-scale battery storage systems, all while refusing to "burn a single rupee of investor money." This Green Sharks episode gets raw and unfiltered as Mercury's chairman calls out how early EV players like Ola damaged trust, and explains how his company plans to win it back with obsessive focus on quality, service, and patient execution toward a 500 crore revenue target. In this conversation, we unpack how Mercury EV went from a legacy metal trading shell to a full-stack EV and battery energy storage system (BESS) company with 20 ICAT-approved vehicle models, a 3.2 GW battery plant in Vadodara, and ambitions to scale to 9.6 GW across three plants. The promoter explains why Mercury manufactures nearly everything in-house – from chassis and batteries to motor controllers – and why 65,000+ batteries have been deployed on Indian roads with zero warranty claims or replacements. This isn't a hype story; it's about slow, steady infrastructure-building, R&D discipline, and a belief that service and reliability will matter more than marketing budgets. We also explore the BESS opportunity: how grid-scale battery storage is critical for India's renewable energy push, why the government is mandating 10% storage for solar projects from 2026, and how Mercury is positioning as a full turnkey solution provider instead of just a component supplier. From supplying batteries for ISRO missions and African energy projects to launching a ₹60 lakh electric sports car with 400 km range, this is a rare look at a promoter betting his own capital and reputation on India's EV and clean energy transition. If you want to understand: / How early EV missteps by big-name brands created a trust deficit in India / Why battery energy storage systems (BESS) are the next frontier for renewable energy / How a small-cap EV company thinks about capex, quality control, and scaling without burning cash / And what makes Mercury EV an interesting (and controversial) case study for long-term thematic investors …then this episode of Green Sharks is for you. 🎙️ About Green Sharks: Green Sharks is a podcast by Green Portfolio where we interview promoters and heads of listed companies to help retail investors make informed investment decisions. We dive deep into business models, financials, industry trends, and management insights. Mercury EV stock, EV stocks India, Battery energy storage system India, BESS manufacturers India, Ola EV controversy, Indian EV companies, Electric vehicle trust crisis, Lithium ion battery manufacturing India, Small cap EV stocks, Mercury EV Tech analysis, Grid scale battery storage, Renewable energy storage India, ICAT approved EVs, Electric rickshaw manufacturers, E-scooter companies India, Commercial EV India, Green energy stocks India, Clean tech investing India, EV sector analysis, Indian stock market podcast, Investment podcast India, Green Portfolio podcast, Retail investing India, Thematic investing India, Energy transition stocks India 💬 Have questions about Mercury EV or India's EV and BESS opportunity? Drop them in the comments below! 👍 If you found this episode valuable, please like, share, and subscribe for more deep-dive conversations with India's top listed companies. 🔔 Turn on notifications so you never miss our next episode! Disclaimer: This podcast is for informational and educational purposes only. It does not constitute investment advice. Please consult with a qualified financial advisor before making any investment decisions. Green Portfolio and its hosts are not responsible for any financial losses incurred based on information shared in this episode. © 2025 Green Portfolio. All rights reserved.