US startup unveils non-flammable batteries for EVs, storage
Alsym will produce its new batteries – made of readily available materials, without lithium or cobalt – for electric vehicles, stationary storage, and marine applications.
Used Audi e-tron batteries to power rickshaws in India
Battery startup Nunam is working with German carmaker Audi AG and the Audi Environmental Foundation to roll out electric rickshaws powered by used Audi e-tron used batteries. It expects to launch the e-rickshaws in India at some point early next year.
Nexcharge’s 1.5 GWh factory to make at least 150 storage products
Nexcharge will manufacture lithium energy storage products for electric vehicles and grid-based applications at its newly opened plant in Gujarat.
Bhago Mobility acquires stake in lithium battery supplier Pastiche
Bhago Mobility Solutions, the green energy vertical of automotive parts manufacturer Modern Automotive, will invest $16 million in a partnership with Pastiche. They plan to jointly develop solid-state and lithium-ion batteries for electric mobility and energy storage.
Ola Electric invests in Israeli EV battery specialist StoreDot
The Indian electric mobility player, which plans gigawatt-scale battery cell manufacturing, has embraced Israel-based StoreDot’s extreme-fast battery technology that charges from 0 to 100% in just five minutes.
India and Japan to cooperate on solar power, clean hydrogen and electric vehicles
Under their clean energy partnership, both countries also agreed to cooperate in the disposal, recycling, and reclamation of valuable materials from batteries, solar panels, turbine blades, and electronics.
India’s annual lithium battery market will reach 116 GWh in eight years
The annual demand for lithium-ion batteries in India will reach 116 GWh in FY 2029-30, with electric vehicles (EVs) accounting for 90%.
Exide Industries to set up gigawatt-scale Li-ion cell manufacturing plant
The lead-acid battery major, which is into lithium battery assembly in a joint venture with Swiss firm Leclanche, will set up a multi-gigawatt lithium-ion cell manufacturing plant as it strives to become more cost-competitive and better serve its customers.
Vedanta acquires nickel and cobalt producer Nicomet
The Mumbai-headquartered natural resources company has acquired Goa-based Nicomet, a producer of cobalt, nickel, and their derivates in India, as it looks to capitalize on the electric vehicles and energy storage boom.
ARCI signs lithium battery technology transfer pact with Nsure
The R&D center under the Department of Science and Technology has indigenously developed lithium battery cells and packs for application in two-wheelers and solar street lamps.
