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Lithium-ion battery storage: India’s import dependency to fall to 20% by FY27
The GoI has taken initiatives on several demand-side measures, such as Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme, Viability Gap Funding (VGF) scheme for Battery Energy Storage System (BESS), helping to bring down cost of EV and BESS, thereby stimulating demand. Read more
Global battery manufacturing equipment market to reach $30 billion by 2029
Despite a somewhat pessimistic forecast for market revenue, demand from all regions continues to drive the battery equipment market.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
Indian Oil Corp, Panasonic forge partnership for Li-ion battery manufacturing
The Indian government has taken steps to promote battery manufacturing by approving the PLI Scheme 'National Programme on Advanced Chemistry Cell (ACC) Battery Storage,' with a budgetary outlay of Rs 18,100 crore.Read more
GODI India becomes 1st to attain LFP BIS certification for indigenous Li-ion cells in India
GODI achieved a milestone by developing India's first in-house NMC811 cathode material-based Li-ion cells, BIS certified in mid-2022.Read more
Servotech to establish EV charging R&D lab, Centre of Excellence for students
Company plans to set up and commission a charging station equipped with a 14 kW EV Charger, suitable for 2, 3 & 4 wheelers, within Lloyd’s premises.Read more
C4V and Hindalco join forces for EV Battery advancements in India
Hindalco, in line with this collaboration, has recently announced the establishment of a 25,000-tonne battery foil manufacturing facility in Odisha.Read more
Himadri Speciality Chemical invests Rs 4,800 cr in Li-ion battery component manufacturing
The company aims to produce 200,000 tonnes of lithium iron phosphate (LFP) cathode active material, contributing to the creation of 100 gigawatt hours (GWh) of Li-ion batteries in phases over the specified timeframe.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