Japanese carmaker Suzuki Motor is investing INR 7,300 crore (around $914 million) to set up the electric vehicle battery plant at Hansalpur in Gujarat. The plant will manufacture advanced-chemistry cell batteries.
Sales growth in India’s electric vehicle market will moderate to 75% per year over the next three years, as supply constraints drive up prices of key raw materials for batteries.
A new report says India will have only 50 million electric vehicles (EVs) on road by 2030 despite a ramp-up in domestic manufacturing, falling behind by 40% on the cumulative sales projections by NITI Aayog. It also recommends policy measures to improve India’s chances of realizing 80 million EV sales by 2030.
India will see a cumulative demand for around 600 GWh of lithium-ion batteries from 2021 to 2030 across all segments. The recycling volume coming from the deployment of these batteries will be 125 GWh by 2030.
The electric mobility company will open its battery innovation center (BIC) in Bengaluru next month as it looks to build indigenous cell technology and manufacture Li-ion cells in India at scale.
Haryana-based Sanvaru is expanding its lithium battery production capacity to 400 MWh per year by setting up a new factory in Haridwar.
Researchers from the Indian Institute of Science, Bangalore, have found that nanoscopic refractory metal layers like tungsten could improve dendrite growth tolerance in electrolytes of solid-state Li-ion batteries. The team collaborated with researchers from Carnegie Mellon University.
Alsym will produce its new batteries – made of readily available materials, without lithium or cobalt – for electric vehicles, stationary storage, and marine applications.
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 will manufacture lithium energy storage products for electric vehicles and grid-based applications at its newly opened plant in Gujarat.
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