Reliance, JSW, Amara Raja bid for 10 GWh ACC battery PLI scheme
Bids received are seven times the manufacturing capacity of 10 GWh to be awarded.
Bids received are seven times the manufacturing capacity of 10 GWh to be awarded.
ICRA says demand for EV batteries in India is expected to reach around 15 gigawatt hours (GWh) by 2025 and 60 GWh by 2030.
TDK is setting up a 180-acre facility in Manesar, Haryana to build cells for batteries.
Electric vehicles contribute 13-15% to Tata Motors' passenger vehicle sales.
Why Indian Oil Corporation believes hydrogen fuel cells and not lithium-ion batteries may revolutionise electric vehicles in India.