Treet Battery Launches Advanced Lithium-Ion Batteries for Pakistani Market

Treet Battery Limited (TBL), a renowned manufacturer of lead acid batteries listed on the Pakistan Stock Exchange (PSX), announced on September 11, 2025, a strategic partnership with Highstar Digital Energy Technology (Guangdong) Co., Ltd., a leading Chinese lithium ion battery and energy storage company. According to the PSX disclosure, this collaboration allows TBL to import, market and sell lithium ion batteries in Pakistan, marking a major diversification beyond its traditional lead acid portfolio.

With Highstar’s expertise in advanced battery management systems (BMS), large scale energy storage solutions and next generation lithium battery technology, this partnership brings innovation that directly supports Pakistan’s urgent demand for renewable energy storage, solar batteries and sustainable power systems. The move not only highlights TBL’s strategic foresight but also underscores the growing importance of lithium ion batteries in Pakistan’s clean energy transition.

The Rise of Lithium Ion Batteries in Pakistan (Market Context)

Pakistan’s electricity sector continues to face long standing challenges including frequent blackouts, rising generation costs and heavy dependence on imported fuels. As a result, demand for renewable energy in Pakistan and advanced energy storage solutions has surged, particularly through solar photovoltaic (PV) systems with lithium ion batteries.

·        In 2024, Pakistan imported nearly 1.25 GWh of lithium ion battery packs.

·        In just the first two months of 2025, another 400 MWh had already been imported.

·        If this growth trend continues, demand could reach 8.75 GWh by 2030, covering almost 26% of national peak electricity demand.

Currently, China dominates Pakistan’s lithium ion battery supply chain. In the first half of 2025, imports from China were 68% higher than the entire volume of 2024. At the same time, falling global prices from $32/kg in late 2023 to just $11/kg in mid-2025, have made lithium ion energy storage systems far more accessible for consumers and businesses alike.

However, regulatory oversight has also increased. Pakistan Customs, through Valuation Ruling 1964 of 2025, has introduced standard import values to curb under invoicing and improve market transparency.

This market transformation creates the perfect environment for Treet Battery Limited (TBL) to make a timely entry into the lithium ion battery market in Pakistan, positioning itself at the forefront of the country’s clean energy shift.

About Highstar Digital Energy Technology

Highstar Digital Energy Technology, headquartered in Guangdong, China, is a globally recognized leader in the lithium ion battery industry and advanced energy storage solutions. The company’s diverse portfolio includes:

·        Lithium battery cells and components

·        Battery Management Systems (BMS)

·        Integrated energy storage systems for households, commercial enterprises, industries, and utilities

Recently, Highstar introduced a 314Ah semi solid lithium ion battery production line, highlighting its commitment to innovation in high capacity, safer and more efficient rechargeable batteries. With this technological expertise and proven track record, Highstar emerges as a valuable strategic partner for Treet Battery Limited (TBL) in driving the adoption of lithium ion batteries in Pakistan’s renewable energy and clean power sectors.

Details of the Agreement

According to the official Pakistan Stock Exchange (PSX) disclosure, Treet Battery Limited (TBL) has entered into an agreement with Highstar Digital Energy Technology to cover the import, marketing, and distribution of lithium ion batteries in Pakistan. This marks a major strategic diversification for TBL, which until now has primarily catered to automotive and industrial customers through its lead acid battery solutions.

Through this partnership, TBL secures direct access to advanced Chinese lithium ion battery technology, positioning itself to tap into Pakistan’s rapidly growing demand for solar energy storage systems, telecom tower backup solutions, electric rickshaws, hybrid vehicles, and industrial power support. By entering the lithium ion battery market in Pakistan, TBL strengthens its role in the country’s renewable energy and clean mobility transition.

Financial Impact On TBL

The financial outlook for Treet Battery Limited (TBL) following its entry into the lithium ion battery market in Pakistan is potentially transformative. According to official trade data, Pakistan imported nearly 1.25 GWh of lithium ion batteries in 2024, with an additional 400 MWh imported in the first quarter of 2025. If this trajectory continues, total imports are projected to reach 8.75 GWh by 2030, underscoring the rapid expansion of Pakistan’s energy storage market.

With falling import prices improving affordability, TBL’s entry into the lithium ion market could boost margins and revenue potential.

For TBL, which reported PKR 8.7 billion in FY2024 sales revenue primarily from lead acid batteries, entering the lithium ion category ensures both revenue diversification and participation in a high growth market segment. Even capturing a modest share of future demand could significantly boost revenues over the medium term

Looking ahead, if TBL explores local assembly or partial lithium ion battery manufacturing in Pakistan, it could further strengthen gross margins by reducing reliance on imports. For shareholders, this strategic move not only enhances growth potential but also acts as a hedge against stagnation in the traditional lead acid battery market.

Competitor Landscape

Treet Battery Limited (TBL) is not the only company exploring opportunities in the lithium ion battery market in Pakistan. Other players, including Tesla Power, Phoenix Batteries, and several smaller solar energy integrators, have already introduced lithium ion battery solutions. However, most of these competitors operate on a smaller import scale or lack strong partnerships with established global technology leaders.

In contrast, TBL’s partnership with Highstar Digital Energy Technology provides a clear competitive edge by combining brand credibility, nationwide distribution capacity and access to advanced Chinese lithium ion battery technology. Unlike smaller dealers, TBL is well positioned to secure institutional clients such as telecom operators, renewable energy project developers, and large scale industrial users, strengthening its role as a trusted leader in Pakistan’s fast growing renewable energy and energy storage sectors.

National Energy Goals & Policy Alignment

Pakistan’s Alternative & Renewable Energy (ARE) Policy 2019 sets an ambitious target of 30% renewable energy by 2030, while the National Electric Vehicle Policy (NEVP) aims to electrify 30% of vehicles by 2030. Achieving both milestones depend heavily on advanced energy storage solutions like lithium ion batteries.

By entering the lithium ion market, Treet Battery Limited (TBL) strategically aligns with these national priorities. Its upcoming products can play a direct role in solar power integration, electric vehicle (EV) adoption, and grid stability. This alignment not only positions TBL as a forward looking industry leader but also strengthens its eligibility for government incentives, subsidies and tariff benefits under Pakistan’s green energy framework.

Global Benchmarking

The adoption of lithium ion technology is accelerating worldwide, setting benchmarks that highlight its critical role in the energy transition:

·        India: The EV sector is projected to reach 10 million annual sales by 2030, largely powered by lithium ion batteries.

·        Bangladesh: Lithium based solar home systems are rapidly replacing older lead acid solutions, improving efficiency and lifespan.

·        Middle East: Utility scale solar plus storage projects are expanding with lithium ion technology ensuring long term grid stability and reliability.

In comparison, Pakistan is still in the early stages of this transition but is moving forward quickly. Treet Battery Limited’s (TBL) entry into lithium ion solutions ensures it will remain a key player in this global shift toward clean energy and electrification.

Impact and Benefits of the Agreement

The partnership between Treet Battery Limited (TBL) and Highstar is set to deliver significant advantages across multiple fronts:

1.     Market Penetration: Enables TBL to enter residential, commercial, and industrial lithium ion storage markets, unlocking new revenue streams.

2.     Technological Edge: Lithium ion batteries offer a longer lifecycle, faster charging and superior performance compared to traditional lead acid products.

3.     Revenue Diversification: Reduces reliance on the automotive battery segment, balancing growth across emerging sectors like renewable energy and e-mobility.

4.     Environmental Impact: Supports a cleaner, more sustainable energy ecosystem by replacing toxic lead based systems with lithium technology.

5.     Investor Confidence: Strengthens TBL’s ESG (Environmental, Social and Governance) profile, aligning with global sustainability benchmarks and attracting responsible investors.

Challenges and Risk Solutions

While the potential for lithium ion batteries in Pakistan is immense, several challenges need to be addressed to ensure sustainable growth:

·        Cost Sensitivity: Lithium ion batteries still carry a higher upfront price compared to lead acid.

Solution: Introduce financing models, leasing options and highlight lifecycle savings through lower maintenance and longer durability.

·        Regulatory Complexity: Customs duties and valuation rulings can impact import margins.

Solution: Collaborate with policymakers while exploring local assembly or partial manufacturing to reduce reliance on imports.

·        Safety and Quality Concerns: Risks such as overheating and improper handling remain a global issue.

Solution: Ensure strict adoption of Highstar’s certified Battery Management Systems (BMS) and compliance with international safety standards.

·        After Sales Service: Building consumer trust depends on strong service and maintenance.

Solution: Develop a nationwide service network and train specialized technicians to handle lithium ion systems effectively.

Stock Market Impact

The announcement of Treet Battery Limited’s (TBL) entry into lithium ion batteries has generated significant interest at the Pakistan Stock Exchange (PSX). Strategic partnerships of this scale often create short term momentum in stock prices, while shaping long term investor confidence.

• Positive Sentiment: Investors typically reward companies that diversify into high growth sectors. Lithium ion batteries central to renewable energy, solar power and electric vehicles are viewed as a future proof industry, positioning TBL as a forward looking market leader.
• Higher Trading Volumes: Such announcements usually spark increased trading activity, as both existing shareholders and new investors move to capture potential upside.
• Long Term Valuation: If TBL secures even a modest share of Pakistan’s expanding lithium ion battery market, analysts may revise earnings forecasts upward, boosting valuations and investor confidence.
• Volatility Risk: While initial reactions may be optimistic, sustained stock performance will depend on TBL’s ability to manage import costs, ensure effective execution and develop robust after sales infrastructure.

Overall, this agreement represents a potential re-rating opportunity for TBL on the PSX, provided execution remains aligned with investor expectations and market realities

Value Creation Across Stakeholders

The Treet Battery Limited & Highstar agreement delivers multi dimensional value, benefiting all key stakeholders in Pakistan’s evolving energy ecosystem:

• For Shareholders: Enhanced long term growth prospects, stronger revenue diversification and a more competitive market position in the high demand lithium ion battery sector.
• For Customers: Access to reliable, durable and efficient energy storage solutions that significantly lower lifecycle energy costs compared to traditional lead acid options.
• For the Government: Direct support for Pakistan’s renewable energy targets under the ARE Policy 2019 and reduced dependence on imported fossil fuels, aligning with national sustainability goals.
• For the Environment: A cleaner, greener footprint with reduced carbon emissions and less heavy metal pollution, supporting Pakistan’s commitments to climate action.

Future Outlook and Growth Opportunities

The Treet Battery Limited & Highstar partnership lays the groundwork for deeper collaboration, including technology transfer and potential local lithium ion battery assembly in Pakistan. As import volumes rise, establishing domestic assembly lines could reduce costs, generate employment and drive industrial innovation in the country.

Additionally, TBL may explore regional exports to energy hungry markets such as Afghanistan, the Middle East and Africa, positioning itself not just as a domestic supplier but as a leading regional energy solutions provider. This expansion strategy aligns with the growing demand for renewable energy storage, solar power integration and electric mobility across the region, further enhancing TBL’s growth trajectory and market influence

Conclusion TBL’s Strategic Leap into Pakistan’s Clean Energy Future

The partnership between Treet Battery Limited (TBL) and Highstar marks a strategic leap in Pakistan’s energy sector, signaling a decisive shift from traditional lead acid batteries to advanced lithium ion technology. By this, next generation energy storage solution, TBL demonstrates foresight in addressing both market demand and the limitations of older battery technologies.

With lithium ion battery demand rising in Pakistan, supportive government policies, and globally falling prices, the timing of this initiative is highly advantageous. The collaboration positions TBL to achieve financial growth, technological leadership and environmental benefits, while also mitigating risks through clear strategy and execution.

Ultimately, TBL is not merely entering a new market; it’s taking a central role in Pakistan’s clean energy transition, driving the adoption of renewable energy storage, solar integration and electric mobility, reinforcing its position as a forward looking leader in the region’s energy solutions landscape.

The content provided in this article is for informational and educational purposes only and does not constitute investment advice from Azee Securities. Readers are encouraged to seek independent professional guidance before making any financial decisions.