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Critical EV components to be localised by 2030
Achieving 100% localisation in India is not feasible due to the scarcity of certain rare earth materials, limited lithium-ion mining, and low levels of electronics manufacturing.Read more
Amara Raja announces partnership with Gotion-InoBat-Batteries
The technology transfer and service support will fully complement Amara Raja’s efforts to operationalise its Gigafactory manufacturing capacities.Read more
Honeywell launches AI software to optimise gigafactory operations
Battery MXP aims to reduce cell manufacturing costs, compress production ramp-up cycles, and cut material waste by 60% at startups. Read more
JSW Group, Odisha govt collaborate for Rs 400 bn EV, Battery manufacturing project
The state cabinet's recent approval of a special incentive package for JSW Group's EV and component manufacturing projects paved the way for the MoU signing.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
More than half of India?s vehicles will be electric by FY33, Axis Capital Research
A progressive recasting of PLI for battery manufacturing is critical to spur EV battery making in India, concludes Nishit Jalan, Lead Analyst ? Automobiles at Axis Capital Research after a several-months-long study of the evolving global EV battery ecosysRead more
India, powering future mobility through advanced battery manufacturing
A recent report from the credit rating agency ICRA predicts a substantial influx of electric vehicles that will trigger investments in cell manufacturing, a pivotal component in the EV ecosystem.Read more
JSW to establish battery manufacturing facility with LG Energy in India
Earlier this month, JSW held talks with high-ranking LGES executives in Korea, presenting the idea of a partnership focused on producing battery cells in India for both EVs and energy storage.Read more
Chinese Battery giants, Guoxuan High-Tech, EVE Energy expand in US Market
Guoxuan USA, is planning the construction of a battery factory in Illinois with an annual production capacity of 40 GWh.Read more
US allocates $15.5 bn to boost electric vehicle transition
The United States Department of Energy is allocating $15.5 billion to facilitate the shift towards electric vehicles (EVs).Read more