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EV Battery prices drop 10% in August amidst dampened demand

As reported by market research firm TrendForce, the average price drop for cells used in EV batteries reached 10%, underscoring a lackluster growth trend in the EV battery market.Read more

Exide secures Rs 2000 Cr credit for Lithium-Ion Cell Project

Exide Energy Private Limited currently boasts a state-of-the-art 1.5 GW fully automated lithium-ion battery packs and modules manufacturing facility in Prantij, Gujarat.Read more

“Price is a bottleneck for the growth and usage of lithium-ion batteries in India”

Best Power Equipments (India) Private Limited popularly known as one of the largest supplier of high-quality UPS to various OEMs widely distributed through corporate partners and system integrators. Sushil Virmani, Managing Director, BPE in this interview with Ayushi Khandelwal tells that lithium ion market is a growing trend in batteries today. India should look to quickly catch-up with the international market in production and distribution terms. Read more

Servotech Power Systems announces subsidiary to manufacture key EV components

The establishment of a wholly owned new subsidiary Techbec Green Energy aim to indigenously manufacture key components for Electric Vehicle (EV) chargers.Read more

Rapid growth sparks innovation and expansion in global battery manufacturing

The increasing price of lithium has led to fierce competition among battery companies, as they invest in lithium resource companies to secure mining rights, says Maya Xiao. Read more

Godawari Electric Motors receives ICAT certification for its Li-ion battery

Li-Ion battery used in the e-auto and e-loader of Godawari Electric Motors accomplished AIS 156 authorisation under Amendment-III Phase-II from the International Centre for Automotive Technology (ICAT).Read more

Matter initiates the development new-gen lithium-ion cell with professors of University of Texas

Tech innovation led start-up, Matter is working on new-gen lithium-ion cell technology with Prof Arumugam Manthiram. With this collaboration Matter aims to bring about significant advancements in lithium-ion cells for real world conditions. Read more

Exicom to supply battery management solutions for Hero Electric’s E-2W

Hero Electric intends to purchase 5 lakh units of Exicom BMS per annum, given the rapid increase in demand for electric vehicles (EVs) in the country. Exicom Intelligent BMS to power Hero Electric EVs with advanced features in compliance with AIS-156 Phase 1 safety norms.Read more

Amara Raja Batteries to invest Rs 9,500 cr to build Li-ion battery Gigafactory

The proposed facility at Mahbubnagar district in Telangana will have a Lithium Cell Gigafactory with ultimate capacity up to 16 GWh and a Battery Pack Assembly unit up to 5 GWhRead more

HEG to invest Rs 1000 cr to set up graphite anode plant

When graphite anodes are made available in India, the cost of Li-ion cell production will decrease. It will also help in advancing India’s green energy goals and achieve net zero emissions by 2070.Read more

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