Siro Energy, a partnership established between Togg and Farasis Energy, marks a significant milestone in the development and mass production of energy storage solutions for both automotive and non-automotive applications. Launched in 2021, Siro has swiftly progressed to mass producing battery modules and packs by 2023, with plans to commence cell production by 2026. As it aims to reach a substantial production capacity of 20 GWh, Siro is set to become a key player in the regional energy storage market. The company’s offerings are poised to make a notable impact across 120 countries, focusing on supporting renewable energy sources, electric grids, charging stations, and residential energy solutions alongside automotive needs, thereby contributing to a sustainable and electrified future.