India’s Ministry of Heavy Industries has signed a programme agreement with Reliance New Energy Battery Ltd for 10 GWh capacity under the production-linked incentives (PLI) Scheme for advanced chemistry cells.
Epsilon Group plans to invest INR 9,000 crore to set up a graphite anode manufacturing plant and INR 6,000 crore for a lithium iron phosphate (LFP) cathode manufacturing plant in Karnataka. In addition, it will invest INR 350 crore to build a battery materials and battery testing R&D and training center in the state.
Zenaji, an Australian manufacturer of lithium-titanium-oxide (LTO) batteries, says the LTO market will hit $5.8 billion by 2032, growing at a 12.6% annual rate. It claims that its Eternity battery system is poised to capitalize on the trend.
Blue Energy Motors has signed an agreement with the Government of Maharashtra to set up a manufacturing facility designed to produce 30,000 EV trucks annually. The facility will also house a battery pack line.
As dark stores move closer to consumers to reduce turnaround times, the demand for frequent, efficient restocking has surged. This shift has brought the middle mile into focus as a space ripe for innovation, particularly through the integration of commercial electric vehicles (EVs).
The new EV manufacturing and battery assembly facility is located within the company’s 2.83 km2 fully integrated, highly automated manufacturing ecosystem to produce its Electric Origin SUVs.
Neuron Energy, an EV battery manufacturer in India, has partnered with a two-wheeler original equipment manufacturer (OEM) to establish a facility with a capacity to produce 3,000 battery packs monthly with a total energy output of 100 MWh. Over the next two years, the partnership aims to boost this capacity to 150 MWh through an investment of INR 150 crore.
Anti-dumping, countervailing duties on battery materials could have serious effects on the EV and energy storage markets, as the battery material and manufacturing markets in the U.S. are still in very early stages.
The future of battery recycling is promising spurred by continuous advancements in materials science, driving the development of more efficient and sustainable processes.
India should invest in resource-rich, friendly nations for sourcing of critical minerals such lithium, cobalt and nickel. The nation should minimise its reliance on imports, especially from countries with a potential trade risk in the future.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.