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Vedanta eyes global EV market with nickel production expansion
This initiative aligns with India's broader goal to reach $1 trillion in exports by 2030, up from $437 billion in the 2023/24 fiscal year.Read more
ACC batteries’ demand to grow at a CAGR of 50%, says CII report
Raw Materials for Battery & Component Manufacturing, a report by CII in collaboration with 6Wresearch reveals that India is experiencing a robust demand of ACC batteries. By 2030, the anticipated demand for advanced chemistry cells to reach 220GWh.Read more
Lithium ion battery market is moving into surge mode
The market share of different Li-ion battery technologies is changing. Interact Analysis forecasts that the market shares of lithium iron phosphate (LFP) batteries and nickel-cobalt-aluminium oxide (NCA)/nickel-cobalt-manganese (NCM) batteries will be evenly divided by 2026, writes Maya Xiao.Read more