Budget 2024-25: India imposes customs duty on solar glass imports, exempts equipment for cell and module manufacturing
Import of solar glass will attract 10% customs duty from October. Further, the list of exempted equipment for solar cell and panel production has been expanded.
VinFast exploring Andhra Pradesh for second EV and battery plant in India
Pham Sanh Chau, CEO of VinFast India, recently met with N. Chandrababu Naidu, chief minister of Andhra Pradesh, and proposed an investment of INR 4,000 crore into setting up electric vehicle (EV) and battery manufacturing plants in the state.
IESW 2024 set for unveiling of major battery storage plans
India Energy Storage Alliance (IESA) is set to host its annual international conference and exhibition event, India Energy Storage Week (IESW), from July 1 to July 5, 2024, in New Delhi. The event is expected to witness the participation of 150+ key partners and exhibitors and 1000+ companies. Singapore-headquartered, VFlowTech will announce the launch of […]
IndianOil, Sun Mobility sign battery swapping JV agreement
Indian Oil Corp. and Sun Mobility will form a 50:50 joint venture to undertake and operate battery-as-a-service solution for small-format electric vehicles in India.
Hyundai Motor, Kia partner with Exide Energy for EV battery localization in India
The partnership with Exide Energy enables Hyundai Motor and Kia to equip their future electric vehicles (EVs) in the Indian market with locally produced lithium-iron-phosphate (LFP) batteries.
Log9 Materials achieves BIS certification for its LTO batteries
The certification signifies that Log9’s lithium titanate oxide (LTO) batteries comply with India’s stringent safety and performance standards for EV batteries.
Panasonic Energy, IndianOil to form lithium battery JV
Panasonic Energy and IndianOil have started discussing the framework for the formation of joint venture to manufacture cylindrical lithium-ion batteries in India. The JV will cater to the battery demand for two- and three-wheel vehicles and energy storage systems in the Indian market.
JSW Group to set up 50 GWh EV battery fab in Odisha
JSW Group has signed an agreement with the Odisha government to set up integrated electric vehicles (EVs) and 50 GWh battery manufacturing facilities with an investment of INR 40,000 crore in the state.
Bharat Mobility Global Expo to showcase EV battery, recycling, and charging infra innovations
Electric vehicle (EV) battery manufacturing, battery safety, and recycling along with EV charging and battery swapping are the key areas of discussion at the Bharat Mobility Global expo, scheduled from Feb. 1 –3, 2024, in New Delhi.
Tiamat secures funding for sodium-ion gigafactory in France
French sodium-ion battery maker Tiamat has raised €30 million ($32.6 million) in equity and debt financing. It will use the funds to launch the construction of a 5 GWh production plant in the Hauts-de-France region.
