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India’s ACC battery sector to attract $9 billion investment in 5 years
To support this growth, the IESA has advocated for policy parity between ACC-PLI (Production Linked Incentive) bid winners and non-PLI firms regarding business visas for foreign experts involved in setting up ACC manufacturing facilities in India.Read more
Reliance Infra plans EV manufacturing facility in India
Reliance Infra is exploring the establishment of a battery plant with an initial capacity of 10 GWh, with plans to scale up to 75 GWh over the next decade.Read more
Solid-state batteries plus traditional Li-ion battery manufacturing equipment
The concept of dry electrode technology is like that of solid-state batteries, as it abandons traditional liquid solvents while adapting to current process flows. Through such technological upgrades, manufacturers can gradually adapt to new process requirements without significantly altering back-end equipment, thereby maximising economic benefits, says Maya Xiao, Reasearch Analyst, Interact Analysis.Read more
India to become top lithium-ion battery exporter in 5 years: Nitin Gadkari
The Indian government has introduced an Rs 181 billion production-linked incentive (PLI) scheme to establish advanced chemistry cell (ACC) manufacturing facilities, targeting 50GWh of domestic production.Read more
Indian Battery Manufacturers Association elects Preeti Bajaj as President
IBMA also elected Rajesh Jindal, President & Chief Marketing Officer, Amara Raja Energy & Mobility Ltd., as the new Vice President of IBMA. Read more
Balaji Amines nears deal with lithium battery manufacturer
In fiscal 2022, Balaji Amines commissioned a DMC and propylene glycol plant as part of its greenfield project, making it the sole manufacturer of these products in India. Read more
Foxconn to establish energy storage unit in India
The company is also keen to bring its ‘3+3 strategy’ to the country.Read more
Amara Raja signs Signs MoU with Piaggio for EV battery development and supply
Piaggio India has been at the forefront of the Electric 3-wheeler market and has introduced the country’s first and unique battery subscription model that makes the electric vehicle a lot more affordable for customers.Read more
IIT-Madras Research Park unveils 1MW indigenous battery storage system
This marks the first stationary storage system installed in a building in India.Read more
Battery Smart achieves 100,000 daily swaps on EV battery swapping network
With 1,100 stations now spread across 30+ cities in India, the company has emerged as the leading player in the battery swapping sector, surpassing 40 million cumulative swaps to date.Read more