![Indian Oil-Panasonic in JV for lithium-ion batteries](https://images.assettype.com/fortuneindia%2F2024-04%2Fbb3c58a6-1e93-4c26-84e9-bddc8da7882c%2FGettyImages_1976672322.jpg?w=300&q=95)
Indian Oil-Panasonic in JV for lithium-ion batteries
Panasonic and IOC have signed a binding term sheet and initiated discussions to draw a framework for the formation of the JV, Panasonic Energy has stated
Panasonic and IOC have signed a binding term sheet and initiated discussions to draw a framework for the formation of the JV, Panasonic Energy has stated
Indian Oil is anticipating a rise in demand for batteries for two- and three-wheeler vehicles and energy storage systems in the Indian market