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Honeywell strengthens safety for lithium-ion batteries, EV Workers

Honeywell strengthens safety for lithium-ion batteries, EV WorkersRead more

GameChanger Law Advisors, Speciale Invest launch first of its kind report on EV Battery Packs

As the Report highlights, the Indian EV battery market size is also expected to grow from $16.77 billion in 2023 to $27.70 billion by 2028, at a CAGR of 10.56% between 2023 and 2028, indicating that India's EV battery industry landscape is at the cusp of Read more

LOHUM, Log9 join forces for circular battery economy

This collaboration is geared towards ensuring transparency and accountability regarding the residual value of lithium-ion batteries.Read more

Neuron Energy elevates Indian drone industry with cutting-edge LIPO HV batteries

This game-changing product is poised to meet the dynamic needs of India?s burgeoning drone ecosystem, comprising delivery and logistics, aerial photography, and survey mapping segments.Read more

South Korean battery giants face Chinese competition, eye innovation to stay ahead

South Korean battery manufacturers are now entering the LFP battery market, which has been dominated by Chinese companies.Read more

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

Indian govt removes mandatory human safety tests for EV Batteries

According to the latest guidelines issued by the Ministry of Heavy Industries, adherence to the prevailing EV battery testing standards established by MoRTH is now the sole requirement for availing incentives.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

“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

Amara Raja Batteries reports 14% increase in revenues over previous quarter in Q1 FY 24

Amara Raja Batteries Limited, India’s leading Industrial and Automotive Battery major, reported profit before tax of Rs 258.36 crores for Q1 of FY 24 registering a growth rate of 46 per cent over Q1 of FY23.Read more

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