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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

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