Indian Oil, Panasonic Energy sign deal to make lithium-ion cells in India
Indian Oil is anticipating a rise in demand for batteries for two- and three-wheeler vehicles and energy storage systems in the Indian market
lithium ion
April 2024
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Hindalco to invest ₹800 cr to set up EV battery foil unit in Odisha
The Aditya Birla Group company plans to invest ₹800 crore to build a new plant near Sambalpur in Odisha.
Tata Motors key customer of Agratas' cell gigafactory: Shailesh Chandra
Electric vehicles contribute 13-15% to Tata Motors' passenger vehicle sales.
Tata Motors stock hits 52-week high on Tata Group's EV battery plans
Shares of Tata Motors rose 2% in intraday trade on Monday to hit their 52-week high of ₹548.65 apiece on the BSE.
Tata to build ₹13,000 cr lithium-ion gigafactory in Gujarat
The proposed gigafactory will be set up with an initial investment of around ₹13,000 crore
India needs ₹33,750 cr investment to achieve domestic li-ion battery manufacturing target: CEEW
The report says the country requires up to 903 GWh of energy storage to decarbonise its mobility and power sectors by 2030.
Exide, Chinese firm to make Li-ion EV batteries in India
Exide in the process of forming a special purpose vehicle by way of a wholly-owned subsidiary for carrying out its lithium-ion cell manufacturing business.
Rise of EV spawns new businesses
The EV ecosystem is presenting strategic advantages to electronic waste recyclers and tech entrepreneurs—who would like to capitalise on the rising lithium-ion battery demand.
IOC bets on hydrogen fuel cells
Why Indian Oil Corporation believes hydrogen fuel cells and not lithium-ion batteries may revolutionise electric vehicles in India.
India can’t miss the bus on EV manufacturing: Gadkari
Nitin Gadkari stressed the need for manufacturing locally and converting the country’s research and knowledge potential into wealth.
